Country's once-No. 2 automaker looks to regain momentum as competition intensifies
Hyundai Motor will invest to expand manufacturing capacity in India, looking to boost exports to other emerging markets. (Photo by Ryosuke Hanada)
SAYAN CHAKRABORTY
October 14, 2026 03:15 JST
BENGALURU -- Hyundai Motor will invest $15.5 billion in India through 2032 to expand manufacturing, R&D and other areas, the South Korean automaker said Tuesday, as intensifying competition erodes its share in the world's third-largest car market.