Economy
Hyundai Increases Pune Plant Investment by ₹4,000 Crore to Boost Capacity
The Hindu1h
THE BRIEF
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Hyundai Motor India will invest an additional ₹4,000 crore in its Pune facility, bringing the total committed investment in the site to ₹11,000 crore.
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The expansion aims to increase the plant's annual production capacity from 170,000 units to 320,000 units by 2030, with localization levels rising to 92%.
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The company also announced it has reached a cumulative export milestone of 4 million vehicles from India, reinforcing its role as a global manufacturing hub.