hyundai

Hyundai Motor India Expands Talegaon Plant for Passenger Vehicle Production

Hyundai Motor India has increased its investment in the Talegaon manufacturing plant in Maharashtra from Rs 70 billion to Rs 110 billion. The expanded investment will support advanced manufacturing technologies, including a seventh-generation paint shop, enhanced automation, infrastructure upgrades, and electric vehicle readiness. The Talegaon plant, acquired from General Motors India in 2023-24, has an […]

Hyundai to Launch India-Custom EV and Expand Pune Plant by 2030

Hyundai Motor Co has unveiled plans to launch its first locally designed electric vehicle (EV) for the Indian market and to expand capacity at its Pune plant by 250,000 units by 2030. These are key components of the company’s “Vision 2030” roadmap, which includes a global investment of KRW 77.3 trillion (approximately USD 56 billion). […]

Hyundai Motor India Reviews Progress of Upcoming Pune Plant, Announces CSR Projects

Hyundai Motor India Ltd. reviewed the progress of its upcoming manufacturing facility in Pune during a recent meeting between the company’s leadership team and Maharashtra Chief Minister Devendra Fadnavis. Alongside updates on the plant, the company outlined a set of corporate social responsibility (CSR) projects valued at INR 560 million to be implemented in the […]

FORVIA Faurecia India Opens New JIT Facility in Bengaluru to Supply Hyundai-Kia

FORVIA Faurecia India, a supplier automotive technologies, has inaugurated a new Just-In-Time (JIT) manufacturing facility in Bengaluru dedicated to supplying Hyundai-Kia. The company stated that the new plant enhances its operations in South India and supports its localisation strategy. The new Bengaluru plant adds to FORVIA Faurecia’s existing footprint in India, which includes production facilities and […]

Hyundai Motor India Adopts Fuel-Free Engine Testing for All Engines

Hyundai Motor India Limited (HMIL) has tested over 4.25 million engines using Cold Bed Engine Testing technology, a method that eliminates the use of fuel, coolant, and water during the testing process. The company reports that this approach has helped prevent approximately 2 million kilograms of carbon emissions and resulted in cost savings of nearly […]

Hyundai Commences Engine Production at Talegaon Facility

Hyundai Motor India has started engine production at its Talegaon manufacturing plant in Maharashtra, with operations beginning on June 16. The facility, acquired from General Motors, is part of Hyundai’s INR 60 billion investment in Maharashtra. The company had signed a Memorandum of Understanding with the Maharashtra government in January 2024 during the World Economic Forum […]

Hyundai to Set Up INR 85.28 Billion R&D Centre in Telangana

Hyundai, an automotive manufacturer, has received approval from the Telangana government to establish a research and development centre in the National Investment and Manufacturing Zone (NIMZ), Zaheerabad. The project involves an investment of INR 85.28 billion and is expected to create 4,276 jobs. The proposed Hyundai Global Innovation Research and Development Centre will span 675 […]

Hyundai’s Korean Suppliers Looking to Increase Manufacturing Footprint in India

Around fourteen South Korean die and mould manufacturers and plastic injection moulded auto component producers are exploring opportunities to establish manufacturing facilities in India. These consist of tier 2 and tier 3 suppliers to Hyundai, Kia and Mobis. The firms are considering entering India through joint ventures with local partners, focusing on locations such as […]