Hyundai India Outlines INR 450 Billion Investment, 26 New Launches By FY2030

Hyundai Motor Company

South Korean auto major Hyundai Motor India (HMIL) held its first Investor Day, announcing a strategic roadmap that includes an investment of INR 450 billion by FY2030. The plan covers product expansion, manufacturing, localisation and financial targets.

The company envisions Hyundai Motor India becoming the second largest region within Hyundai Motor Company globally by 2030 and reinforcing its position as a key export hub.

The automaker plans 26 launches by FY2030, including seven new nameplates, entering the MPV and off-road SUV segments. Furthermore, it also plans to launch India’s first, locally manufactured dedicated electric SUV under the Hyundai nameplate by 2027. It also envisions a domestic market share of over 15 percent by FY2030.

Hyundai Motor India expects the Utility Vehicle (UV) segment to contribute over 80 percent of sales and for alternative fuel-powered vehicles (CNG + EV + Hybrid) to contribute more than 50 percent by FY2030.

The South Korean auto major also confirmed that it will bring its luxury brand Genesis in India by 2027. Furthermore, exports are expected to contribute around 30 percent by 2030 too.

In terms of financial performance, Hyundai Motor India targets a 1.5x increase in revenues, crossing a INR 1,000 billion milestone by FY2030, while sustaining double-digit EBITDA margins.

Jose Munoz, President & CEO, Hyundai Motor Company, said, “Following our landmark IPO last year and 29 years of success in India, now HMIL plans an investment of INR 450 billion through FY2030 to drive the next phase of growth. India is a strategic priority in Hyundai’s global growth vision. By 2030, HMIL will be our second-largest region globally, aligned with the Honorable Prime Minister Shri. Narendra Modi's vision of ‘Make in India.’ We're making India a global export hub, targeting upto 30 percent export contribution. Our commitment is comprehensive: 26 product launches including 7 new nameplates, India's first locally manufactured dedicated electric SUV by 2027 and the launch of our luxury brand Genesis, all while treating every customer like our honoured guest. The fundamentals are strong. The strategy is clear. The team is energised. And most importantly, we have the trust of Indian customers built over 29 years. It's a great time to be at Hyundai Motor India.”

Unsoo Kim, Managing Director, Hyundai Motor India, said, “Our robust investment plans reflect HMIL’s strategic expansion and our vision to deliver smart mobility solutions enriched with world-class products and cutting-edge technologies for India’s aspiring and fast-growing customer base. As we chart this growth trajectory, we are targeting a revenue milestone of INR 1,000 billion by FY2030, while sustaining strong double-digit EBITDA margins. Most importantly, we remain deeply committed to creating long-term value for our shareholders by announcing a healthy dividend payout guidance of 20% – 40 percent.”

Tarun Garg, Whole-time Director & COO, Hyundai Motor India, added, “This transformative 2030 roadmap serves as a pivotal catalyst in redefining HMIL’s growth trajectory and propelling us to new heights through well-aided strategic initiatives. As we chart our course through this transformative evolution, HMIL sets out target to achieve over 15 percent market share in domestic market underpinned by India centric product launches. We remain steadfast to augment our presence in high-growth SUV segment driven by robust product strategy and customer centric approach, thereby, targeting over 80 percent UV contribution by FY2030.”

He also noted that the company is set to offer a range of powertrain options spanning ICE, CNG, EV and Hybrid technologies, with over 50 percent of its portfolio powered by cleaner technologies. By FY2030, the company’s network will extend to 85 percent of India’s districts, with rural markets expected to contribute 30 percent of sales.

Thierry Sabbagh

Japanese automaker Nissan has announced senior management changes within its Africa, Middle East, India, Europe and Oceania (AMIEO) region to support its ‘Re:Nissan’ transformation plan.

Effective 1 January 2026, Thierry Sabbagh has assumed the role of Divisional Vice-President and President for the Middle East, KSA, CIS and India for both Nissan and Infiniti.

The expansion of Sabbagh’s remit marks India as a priority for the manufacturer. The company plans to launch three models in the Indian market over the next 14 to 16 months. These include the Gravite, the Tekton and a seven-seater C-SUV. To support these launches, Nissan is expanding its retail presence to 250 touchpoints across the country.

Massimiliano Messina, Chairperson AMIEO, Nissan, said, “The Re:Nissan plan is about transformation and customer-centricity. By empowering regional leadership, we are creating a more agile organization that can respond quickly to market dynamics and deliver competitive, compelling products. I am confident these changes will strengthen our performance and supercharge our progress in 2026 and I wish Thierry every success in his new role.”

Sabbagh added, “I am honoured to take on this expanded role at a pivotal time for Nissan. The Middle East and India are dynamic, fast-growing and continuously evolving markets, with significant opportunities ahead. I look forward to working closely with our talented teams and partners across the region to build on our strong foundations, accelerate growth and deliver meaningful value for our customers.”

Saurabh Vatsa, Managing Director, Nissan Motor India, said, “This is a significant moment for Nissan in India as we enter a new phase of growth. Having Thierry on board reinforces our confidence in the path ahead, and his experience and leadership will be instrumental in strengthening our market presence and delivering even greater value to our customers. This appointment further strengthens our leadership as we move from transformation to execution, with a clear focus on products, customers and sustainable growth.”

The restructure also follows the departure of Leon Dorssers, Senior Vice-President and Chief of Commercial Operations for Nissan AMIEO, who had been with the company since 1992. The new leadership team will oversee the rollout of new technologies and products, with the Gravite and Tekton scheduled for release in early 2026.

Kia India Surpasses 500,000 Connected Vehicles On Indian Roads

Kia Seltos

Kia India, one of the leading passenger vehicle manufacturers, has announced that it has exceeded 500,000 connected cars in the Indian market.

The OEM said its connected car variants now account for approximately 40 percent of the company’s domestic wholesale volumes. This growth is supported by the Kia Connect 2.0 platform and the Connected Car Navigation Cockpit (ccNC).

The Kia Seltos is the main contributor to this total, representing about 70 percent of the connected vehicle sales, followed by the Sonet and Carens models. Data from the company indicates a trend of customers renewing their connectivity subscriptions after the initial complimentary period.

Technical features within the Kia ecosystem include:

  • OTA Software Updates: Remote vehicle diagnostics and software installations to reduce dealership visits.
  • Digital Key 2.0: Vehicle access and operation via smartphone or smartwatch using Ultra-Wideband (UWB) or NFC technology.
  • Surround View Monitor (SVM): A 360-degree camera feed accessible through the Kia Connect app.
  • Voice Recognition: Multilingual support for vehicle functions in English, Hindi, Tamil and Bengali.

Atul Sood, Senior Vice-President, Sales & Marketing, Kia India, said, "Kia India has consistently differentiated itself through its vehicle design excellence and technology leadership. Our continued focus on enhancing connected features and customer engagement initiatives such as Kia Drive Green has strengthened adoption and interaction across our connected ecosystem. The strong customer retention beyond the complimentary subscription period underscores the sustained relevance and long-term value of Kia Connect.”

The company also utilises Plant Over-The-Air (P-OTA) updates, a system that ensures vehicles are programmed with the most recent software versions before they leave the manufacturing facility.

Hyundai Motor India Receives Tamil Nadu State Level Safety Award

The Sriperumbudur facility of Hyundai Motor India Limited has been honoured with the Tamil Nadu State Level Safety Award for 2022 by the state’s Directorate of Industrial Safety and Health (DISH). The prestigious award was presented by Minister for Labour Welfare & Skill Development C V Ganesan and DISH Director Anand to senior company executives Mukundan M S and Senthil Kumar R M. This accolade, granted in the Large-Scale Industry category, acknowledges Hyundai’s ongoing dedication to exceptional safety performance, marked by a notable decline in incident rates and a systematic focus on risk mitigation.

Operating in India for over 30 years, the plant has consistently fostered a robust safety culture through comprehensive initiatives. This includes implementing widespread safety campaigns, establishing diligent monitoring protocols and driving continuous improvement programmes. The company’s approach integrates rigorous processes, proactive assessments and regular training aligned with international benchmarks, all underpinned by strong safety governance. Hyundai Motor India reiterates that the well-being of its employees is a primary concern, and it remains steadfast in its mission to advance its safety systems and sustain an environment where a culture of excellence is paramount.

Gopalakrishnan C S, Whole-time Director & Chief Manufacturing Officer, Hyundai Motor India Limited, said, “Safety at Hyundai is not a standalone initiative – it is a deeply embedded culture practiced at every level of our operations. Our goal is simple: a safe, secure working environment for every employee, every day. This award affirms the collective commitment of our teams and motivates us to strengthen our safety excellence even further.”

Volkswagen India Confirms Tayron R-Line Launch In Q1 CY2026

Tayron R-Line

Volkswagen India has confirmed that its new flagship SUV, the Tayron R-Line, will launch in the first quarter of 2026. The vehicle is aimed at the seven-seater SUV segment and will be locally assembled at the company’s plant in Chhatrapati Sambhajinagar to ensure market competitiveness.

The Tayron R-Line occupies the top position in the brand’s SUV range in India. It features the 'R-Line' trim, which includes specific design enhancements to its silhouette. The model is intended for customers requiring a seven-seat capacity alongside a focus on road presence and lifestyle versatility.

Nitin Kohli, Brand Director, Volkswagen India, said: “As we build a premium portfolio of products, we continue catering to the evolving aspirations of Indian car buyers. The all-new Tayron R-Line is the authentic flag-bearer that will drive this vision for Indian consumers. Ensuring competitiveness, we will be locally assembling this SUV at our plant in Chhatrapati Sambhajinagar.”

The introduction of the Tayron R-Line follows Volkswagen's strategy to expand its portfolio in the Indian market with vehicles that offer higher passenger capacity and updated design aesthetics.