Picture : @HyundaiIndia/X
South Korean auto major Hyundai Motor Co president & CEO Jose Munoz has said the company’s Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally.
According to media reports , Addressing investors in his first visit to the country, Munoz said Hyundai Motor India Ltd (HMIL) has set a target of up to 30 per cent export contribution.
The company also aims to increase its revenues by 1.5 times and cross the Rs 1 lakh crore milestone by FY2030 under its 2030 growth roadmap.
Under the roadmap, HMIL plans 26 product launches by FY2030, including seven new nameplates, marking its entry into the MPV and off-road SUV segments.
Hyundai Motor India takes a bold leap forward!
At our 1st Investor Day, President & CEO José Muñoz announced a ₹45,000 Cr plan to make India our 2nd largest global hub by FY2030 with 26 new launches, deep localization, advanced manufacturing, and the Genesis debut. pic.twitter.com/BfsZhG1TPJ— Hyundai India (@HyundaiIndia) October 15, 2025
The company also aims to roll out a locally designed, developed and manufactured dedicated electric SUV for the Indian market by 2027.
The company will also launch the luxury segment brand Genesis in India by 2027.
“Following our landmark IPO last year and 30 years of success in India, now HMIL plans an investment of Rs 45,000 crore through FY30 to drive the next phase of growth,” Munoz said while addressing HMIL’s first-ever investor day.
