Veytics Intelligence
2026-10-14 · CNBC

South Korean carmaker Hyundai plans 'strategic' investment of $15.5 billion in India by 2032

South Korea's Hyundai Motor Group on Tuesday said it plans to invest $15.5 billion from 2026 through 2032 in India, a market it considers core to the company's emerging-market growth and expansion . "India remains one of Hyundai Motor Group's most important and strategic markets globally," Euisun Chung, the executive chair of Hyundai Motor Group, said in a release following his meeting with Indian Prime Minister Narendra Modi. He added that this investment "reaffirms" the company's commitment to the Indian market for the next 30 years and beyond.

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