In this image posted on Oct. 14, 2026, Maharashtra Chief Minister Devendra Fadnavis receives a miniature model car from Hyundai Motor Group Executive Chair Euisun Chung during the inauguration of Hyundai Motor India’s Pune manufacturing plant, in Talegaon Dabhade, Pune district. Deputy Chief Minister Sunetra Ajit Pawar, Minister Uday Samant are also present. | Photo Credit: -
Chief Minister of Maharashtra Devendra Fadnavis Inaugurating Hyundai Motor India’s Pune Plant.
Hyundai Motor India Ltd. on Wednesday announced to invest an additional ₹4,000 crore in it’s Pune plant by 2030 taking the total investment to ₹11,000 crore.
The plant’s current annual installed capacity of 1,70,000 units, is set to scale up in phases to 3,20,000 units by 2030, it’s MD & CEO Tarun Garg said.
The company has announced to increase it’s localisation from 83% to 92%.
The plant, the company’s second after Chennai, was on Wednesday formally inaugurated by Maharashtra Chief Minister Devendra Fadnavis.
Euisun Chung, Executive Chair - Hyundai Motor Group (HMG); Jaehoon Chang, Vice Chair - HMG; José Muñoz, President & CEO - Hyundai Motor Company (HMC) were present on the occasion.
HMIL also celebrated the achievement of cumulative exports of 4 million passenger vehicles from India since 1999, underscoring the company’s contribution towards establishing India as a global automotive manufacturing and export hub.
Euisun Chung, Executive Chair - HMG, said, “India remains one of Hyundai’s most important and strategic markets globally. The inauguration of the Pune plant reflects our long-term commitment to India’s growth and our confidence in its bright future.”
“HMIL’s milestone of 4 million cumulative vehicle exports demonstrates the global competitiveness of Indian manufacturing and highlights India’s growing role within Hyundai Motor Group’s worldwide operations,” he added.
Beyond manufacturing, HMIL is committed to contributing to India’s future through innovation, research, electrification and talent development.
The company is working with Indian institutions and partners through Industry-academia partnerships, battery and electrification research initiatives and future mobility programs to help shape the next chapter of sustainable mobility.
The Pune plant located at Talegaon is Hyundai’s global production hub of Venue. It also houses a engine shop with advanced manufacturing technologies, producing 150,000 engines annually to support vehicle production.
Published - October 14, 2026 10:05 pm IST