Hyundai Motor Group Executive Chair Euisun Chung met Prime Minister Narendra Modi in New Delhi on October 13, 2026.
At its 2026 CEO Investor Day, held in Seoul in August, the South Korean automaker unveiled plans to launch or update 26 models in India by 2030. The group has also announced plans to add 3.2 lakh units of manufacturing capacity in India by 2030. These will include new products, full model changes, enhancements and new powertrain options as part of its global growth strategy.
The investment was announced following a meeting between Hyundai Motor Group executive chair Euisun Chung and Prime Minister Narendra Modi in New Delhi on Tuesday.
The past 30 years have been defined by our commitment to India. This investment reaffirms our commitment to India for the next 30 years and beyond,” Chung said, adding that it would create employment opportunities and support industrial development. “India remains one of Hyundai Motor Group’s most important and strategic markets globally.