Hyundai reiterates commitment to India as it marks 30 years of operations in country

New Delhi: South Korean auto major Hyundai Motor Company on Wednesday reaffirmed its commitment to shaping mobility solutions for India and global markets, as it marks 30 years of operations in the country.

Its Indian arm, Hyundai Motor India Limited, established on May 6, 1996, has invested Rs 40,700 crore since inception. The company has also lined up an additional Rs 45,000 crore investment between FY26 and FY30, aimed at expanding manufacturing capacity, accelerating electrification, advancing future mobility solutions, and launching 26 new products by FY2030.

Since entering India, HMIL has sold 1.35 crore units, including 96 lakh in the domestic market and exported 39 lakh vehicles to 150 countries. The company highlighted India’s role as a key global export hub, noting that it remains the country’s largest exporter of passenger vehicles on a cumulative basis.


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“HMIL’s 30-year journey is defined by trust earned over time and the pride of our teams delivering consistently for customers across India,” said HMIL MD and CEO Tarun Garg. “As we celebrate this milestone, we look ahead with youthful energy and unwavering commitment, shaping mobility for India and the world.”

He added that guided by Hyundai’s global vision of “Progress for Humanity,” the company remains focused on innovation, sustainability, and supporting India’s long-term growth aspirations.

HMIL operates two manufacturing facilities in Chennai and Pune, with a combined annual production capacity expected to scale up to 10.74 lakh units by 2028. It also runs a wide service network of 1,675 touchpoints across 1,025 cities, supported by over 50,000 trained service professionals nationwide.