Hyundai Motor Group has announced plans to invest US$15.5 billion in India between 2026 and 2032, covering vehicle manufacturing, research infrastructure and local automotive suppliers. The commitment follows a meeting in New Delhi on 13 October between group executive chair Euisun Chung and Prime Minister Narendra Modi. Hyundai intends to expand the country’s role in its export operations as well as domestic production.
Existing Hyundai and Kia plants in India have a combined stated annual capacity of more than 1.4 million vehicles. Hyundai Motor India lists 824,000 units at Chennai and 170,000 at Pune, while Kia India’s Anantapur plant accounts for 431,000. These are annual manufacturing capacity figures, not actual output. Hyundai plans phased expansion at Pune and further capacity development across the two manufacturers, but has not assigned a new production total or a site-by-site budget to the seven-year programme.
Approximately US$700 million is planned for the group’s Indian research and development centre, including a vehicle testing track. The investment is intended to extend local development and validation capabilities for future vehicles. Testing infrastructure provides controlled conditions for comparing vehicle performance against engineering requirements; Hyundai has not given a separate cost or opening date for the proposed track.
Supplier development will run alongside the vehicle investments. Hyundai plans to identify Indian component partners and increase local sourcing, which involves qualifying parts and production processes before they enter established assembly operations. Hyundai Motor Company separately outlined a 2030 localisation target for its own India business at its September investor day; that earlier target should not be interpreted as a newly announced group-wide commitment for Kia.
The group will also establish an investment entity in India to coordinate capital deployment and partnerships. Its existing industrial presence includes component and logistics affiliates such as Hyundai Mobis, Hyundai Transys, Hyundai Wia and Hyundai Glovis. Alongside manufacturing and research, Hyundai is considering activity in electric vehicle charging, end-of-life vehicle recycling and mobility services, without specifying new facilities or equipment orders for those areas.
More than 24,000 people already work for Hyundai Motor Group in India. The announced investment sets the scope of a seven-year programme; later site approvals and individual plant projects will establish how much additional manufacturing capacity and employment it delivers.
