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Hyundai Motor India Shares Surge Over 2% on Massive $15.5 Billion Investment Plan
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Moneycontrol•14-10-2026, 09:31
Hyundai Motor India Shares Surge Over 2% on Massive $15.5 Billion Investment Plan
- •Hyundai Motor India shares jumped over 2 percent in early trade, emerging as top gainers on the Nifty 100.
- •South Korean parent Hyundai Motor Group announced a massive $15.5 billion investment plan in India through 2032.
- •The seven-year investment aims to boost manufacturing capacity, research and development, and EV infrastructure for both Hyundai and Kia.
- •The announcement follows a high-level meeting between Hyundai Motor Group Executive Chair Euisun Chung and Prime Minister Narendra Modi.
Key Questions Answered
Hyundai Motor Group announced a $15.5 billion investment plan in India spanning from 2026 through 2032 to expand manufacturing capacity, research and development, and other initiatives.
Hyundai Motor India shares surged more than 2 percent in early trade, climbing 2.4 percent to Rs 2,011 and becoming one of the top gainers on the Nifty 100.
The $15.5 billion commitment covers the wider Hyundai Motor Group's Indian operations, which include both the listed Hyundai Motor India subsidiary and Kia India.
