Hyundai Motor India Ltd (HMIL) plans to nearly double the production capacity of its recently commissioned Pune manufacturing facility to 3.2 lakh units in phases from the current 1.7 lakh units, reinforcing its manufacturing footprint and export ambitions from India.
The expansion plan, outlined by HMIL Managing Director & CEO Tarun Garg in the company’s Annual Report 2026, comes as the automaker ramps up investments in production, localisation and next-generation mobility technologies to support long-term growth.
With the commissioning of the Pune facility, Hyundai India’s total annual production capacity has risen to 9,94,000 units, strengthening its position as one of the country’s largest passenger vehicle manufacturers.
“The recently commissioned Pune plant has demonstrated exceptional efficiency and agility through advanced smart manufacturing and AI-driven operations,” Garg said in his message to shareholders.
He said the company remains focused on building resilient operations, enhancing local supplier capabilities and improving operational flexibility to strengthen its ‘Make in India for the World’ strategy. The approach enables Hyundai to cater to both domestic and export markets while maintaining consistency in quality and manufacturing standards.
Future-ready manufacturing
Hyundai said India continues to offer significant opportunities for mobility-led growth, and the company intends to play a larger role through innovation, localisation and strategic partnerships.
The company reiterated its roadmap unveiled during its Investor Day, which includes a future-ready product portfolio featuring multiple new models powered by cleaner technologies. These include the introduction of hybrid vehicles, expansion of the battery electric vehicle (BEV) lineup and the planned entry of Hyundai’s global luxury brand Genesis into the Indian market.
The company had earlier announced plans to invest ₹45,000 crore between FY26 and FY30 to support product development, capacity expansion and future mobility initiatives.
Strong manufacturing base
Hyundai has invested more than ₹40,700 crore in India since commencing operations, creating one of the country’s largest automobile manufacturing ecosystems.
According to Garg, these long-term investments have enabled the company to build a presence in over 150 countries, making HMIL India’s largest cumulative exporter of passenger vehicles since 1999.
“Our remarkable progress has always been the outcome of purposeful investments and disciplined execution,” he said, adding that the company continued to strengthen its operational and financial resilience during FY26 despite a dynamic business environment.
Garg noted that Hyundai maintained healthy double-digit EBITDA margins during the year, reflecting its focus on operational efficiency while preparing for future growth opportunities.
“Over the years, HMIL has built a robust production and supply ecosystem. Our focus remains on resilient operations, development of local supplier capabilities and operational flexibility, supporting a strong ‘Make in India for the World’ approach,” Garg said.