Hyundai commits Rs 45,000 crore to India, eyes revenue of Rs 1 lakh crore by FY2030
Hyundai Motor India Limited (HMIL) unveiled an aggressive growth road map, committing Rs 45,000 crore (roughly $5.07 billion) in capital expenditures through FY2030 to expand manufacturing, strengthen R&D, deepen localisation, and roll out new models.
In conjunction with the announcement, the company set a target to reach Rs 1 lakh crore in revenue by 2030—nearly 1.4× its FY2025 revenue (~Rs 69,200 crore).
This is Hyundai’s bold statement on its longer-term belief in India’s growth as an automotive and export hub.
The company expects to maintain core EBITDA margins of 11–14% during the investment period.
HMIL’s product plan is expansive: 26 new product launches through 2030, including seven brand-new nameplates; an entry into MPVs and off-road SUVs; and, critically, India’s first locally manufactured dedicated electric SUV by 2027.