Hyundai India 2030 roadmap outlines a ₹45,000 crore investment, 26 new product launches—including 7 brand‑new nameplates—plus the arrival of Genesis in 2027 and a locally built electric SUV. With the new Pune plant and expanded export capacity, Hyundai aims to make India its second‑largest global region by 2030.
Introduction
The automotive future of India just became more electrifying as Hyundai India 2030 plans were revealed by Mr. José Muñoz, President & CEO of Hyundai Motor Company. Hyundai Motor India Limited (HMIL) announced a mammoth ₹45,000 crore investment through FY2030, confirming ambitious goals covering product expansion, electrification, manufacturing, and leadership transition.
Under this comprehensive strategy, India is set to become Hyundai’s second‑largest global region by 2030. The roadmap not only introduces an all‑new MPV and off‑road SUV line‑up but also confirms the debut of the Genesis luxury brand and the rollout of the country’s first locally manufactured dedicated electric SUV by 2027.
Leadership Transition –Tarun Garg Named New MD & CEO
As part of the Hyundai India 2030 strategy, Mr. Tarun Garg has been appointed the next Managing Director & CEO of Hyundai Motor India effective January 1, 2026. He will become the first Indian national to lead the company in its 29‑year history.
Currently serving as Whole‑time Director & COO, Mr. Garg was instrumental in Hyundai’s record sales streak, profitability boost, and India’s largest automotive IPO in 2024. His leadership marks a pivotal moment aligning local strategy with Hyundai’s global growth vision.
Hyundai India 2030 – Product & Growth Blueprint
At its inaugural Investor Day, Hyundai announced 26 new product launches under the Hyundai India 2030 roadmap — including 7 new nameplates expanding into uncharted categories such as MPVs and off‑road SUVs.
By 2027, Hyundai will launch India’s first locally built electric SUV, leveraging the brand’s expertise in EV technology. These launches will help Hyundai achieve over 15 % domestic market share by FY2030, with 80 % of sales coming from utility vehicles (UVs).
Half of Hyundai’s portfolio will consist of eco‑friendly powertrains — CNG, hybrid, and EV models — signifying a major leap toward sustainable mobility.
₹45,000 Crore Investment – India as a Global Hub
The massive ₹45,000 crore capex under Hyundai India 2030 aims to strengthen product development, digital manufacturing, and component localization. Hyundai plans to reach 1.5× revenue growth, crossing the ₹1 lakh crore turnover by FY2030 while maintaining strong double‑digit EBITDA margins.
The investment will also fund new R&D centers, clean‑energy manufacturing, and software‑defined factory (SDF) upgrades. Exports will play a key role — targeting 30 % contribution from Indian‑built vehicles.
Hyundai India 2030 – Genesis Luxury Brand for India
A highlight of the Hyundai India 2030 roadmap is the formal confirmation that Genesis—Hyundai’s premium luxury division—will debut in India by 2027.
Genesis models will embody cutting‑edge design, advanced technology, and sustainable luxury. With dedicated showrooms and concierge‑style ownership experiences, Hyundai aims to position Genesis as a credible alternative to European brands like BMW, Audi, and Mercedes‑Benz.
Pune Plant – Epicenter of Manufacturing Growth
An integral part of Hyundai India 2030 is the company’s upcoming Pune manufacturing plant, spread across 300 acres with 31 % green land cover.
Key Highlights
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4 vehicle shops and 1 engine shop with advanced sustainability standards.
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Initial operations begin October 2025 with production of a new model.
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1.1 million‑unit capacity, making it Hyundai’s largest plant globally.
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Incremental capacity of 170,000 units by 2025 and 80,000 additional units by 2028.
Together with the existing two facilities in Chennai, the Pune plant transforms India into Hyundai’s most significant manufacturing and export hub outside Korea.
Vision Statements from Global Leadership
Mr. José Muñoz, President & CEO, Hyundai Motor Company, remarked:
“Following our IPO success and 29 years in India, Hyundai India 2030 will accelerate growth with ₹45,000 crore investment and 26 launches. By 2030, India will be Hyundai’s second‑largest region globally.”
Complementing this commitment, MD Mr. Unsoo Kim emphasized financial discipline and market expansion to reach 85 % of India’s districts by FY2030.
Meanwhile, Mr. Tarun Garg highlighted a multi‑powertrain strategy covering ICE, CNG, hybrid, and EV models to serve both urban and rural buyers—rural markets will account for 30 % of total sales by 2030.
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Hyundai India 2030 Financial Goals
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Revenue Target: ₹1 lakh crore by FY2030.
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EBITDA Margins: Maintain strong double digits.
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Dividend Policy: 20–40 % payout range for shareholders.
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Revenue Mix: 50 %+ from green powertrains and 15 %+ domestic market share.
This blend of financial prudence and product innovation underscores why Hyundai India 2030 stands as one of the most comprehensive long‑term plans in the automotive industry.
Final Outlook
Through Hyundai India 2030, the automaker is setting the stage for a transformative decade — expanding beyond SUVs into MPVs, luxury EVs, and smart manufacturing. By blending Korean technology with Indian engineering, Hyundai intends to solidify India as a core pillar of its global success story.
FAQs – Hyundai India 2030
Q1. What is the Hyundai India 2030 strategy?
It’s a comprehensive plan outlining ₹45,000 crore investment, 26 product launches, EV expansion, and manufacturing upgrades to make India Hyundai’s second‑largest region globally.
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Q2. How many new models will Hyundai launch by 2030?
Under Hyundai India 2030, 26 models will be introduced, including 7 completely new nameplates across SUV, MPV, and EV segments.
Q3. When will the Genesis brand arrive in India?
The luxury Genesis brand will enter India by 2027 as part of the Hyundai India 2030 initiative.
Q4. What role does the Pune plant play in Hyundai India 2030?
The new Pune plant adds 1.1 million units of capacity, expanding Hyundai’s production and export capabilities for future EV and SUV models.
Q5. What is Hyundai’s revenue and export target for 2030?
Hyundai aims to surpass ₹1 lakh crore in revenue and achieve up to 30 % export contribution from India by FY2030.
