TL;DR
Hyundai Motor India plans to invest ₹45,000 crore by 2030 in product expansion, electrification, and SUVs to reclaim its second position in the Indian auto market.
Hyundai Motor India, despite achieving its highest-ever monthly sales of 73,137 units recently, has dropped to fourth place among India's top automakers. The company has now revealed an ambitious plan to regain its long-held second position in the market. This strategy includes a substantial investment of approximately ₹45,000 crore by 2030, with 2026 marking the beginning of this offensive.
The core pillars of Hyundai's revitalized growth plan are aggressive product expansion, significant electrification efforts including both EVs and hybrids, and a continued focus on expanding its SUV portfolio. The company recently launched the facelifted Verna and Exter models and plans to introduce more products across various segments to bolster its market share.
