Hyundai Motor Group Plans $15.5 Billion India Investment Through 2032
Photo: TokenPost
Hyundai Motor Group plans to invest $15.5 billion in India through 2032, expanding manufacturing, research, supplier and technology efforts in a market central to its emerging-market growth. The South Korean automaker’s investment period runs from 2026 through 2032. It plans to establish a dedicated investment entity in India to carry out the commitments. The spending will cover manufacturing expansion, research and development infrastructure, development of local suppliers to source more parts in India, and future technology innovation. Hyundai Motor Group Executive Chair Euisun Chung described India as one of the group’s most important strategic markets globally.
Source: TokenPost
