Hyundai bets on Talegaon as export hub, capacity expansion fuels growth ambitions
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Hyundai Motor India is turning its Talegaon plant into a major export hub as part of a ₹45,000 crore investment plan.
- ✓The company started third-shift operations on October 1 to boost production.
- ✓With new SUV launches planned, Hyundai aims to reach a total annual capacity of 1.14 million units by 2030.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Hyundai Motor India's (HMIL) Talegaon expansion is central to its ₹45,000 crore investment roadmap, which includes 26 product launches by FY2030 and a target of exporting about 30 per cent of vehicles produced in India. The automaker is ramping up production faster than initially planned, advancing third-shift operations to October 1, nearly two years ahead of schedule.
Talegaon, which began passenger vehicle production in October 2025, has an installed annual capacity of 170,000 vehicles. Combined with Chennai's 824,000 unit capacity, Hyundai's total manufacturing footprint in India now stands at 994,000 vehicles, just shy of the one-million mark. The company plans to raise capacity to 1.14 million units annually by 2030.
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