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.

Comments (0)

ADD COMMENT

Link Copied!

Maruti Suzuki India has introduced a swivel seat option for the popular WagonR hatchback. The feature is designed to assist senior citizens and persons with disabilities by providing easier access to the vehicle.

The initiative aligns with the Suzuki Group slogan 'By Your Side' and the United Nations’ Sustainable Development Goal 10 regarding the reduction of inequality.

The solution was developed in collaboration with TRUEAssist Technology, a Bengaluru-based startup, under Maruti Suzuki’s incubation programme with NSRCEL-IIM Bangalore.

The swivel seat is available as a retrofitment kit at Maruti Suzuki Arena dealerships. It can be installed in new WagonR models or retrofitted into existing vehicles. The project will initially launch at 200 dealerships across 11 cities, with plans to scale based on customer response.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “Swivel seat will make daily travel more convenient for senior citizens and persons with disabilities. WagonR is among the top 10 selling models* in India and is ideal to offer this accessibility feature to a wider audience. This initiative reflects our vision of inclusive mobility and reinforces our commitment to customer-focused solutions that empower people with dignity, independence, and confidence in their everyday journeys. It fully aligns with our motto to deliver ‘Joy of Mobility’ to as many people as possible.”

Naina Padaki, Founder of TRUEAssist Technology, stated, “We are truly pleased to collaborate with India’s leading passenger vehicle manufacturer, Maruti Suzuki, to bring our assistive mobility solution to a wider audience. Working with the R&D engineers of Maruti Suzuki has been a delightful experience, and it is inspiring how deeply they think of the customers in every aspect. By integrating our innovation into a model loved by the masses, we can ensure that inclusive mobility becomes a mainstream reality and reaches more families across India.”

The WagonR swivel seat kit has been tested by the Automotive Research Association of India (ARAI). The installation does not require modifications to the car’s structure or core functions. The swivel seat is supplied with a three-year warranty.

Comments (0)

ADD COMMENT

Link Copied!

Tata Motors, one of the leading passenger vehicle manufacturers in the country, has announced that its recently launched iconic Tata Sierra SUV has garnered over 70,000 confirmed bookings on the first day of the booking opening. The SUV prices start at INR 1.14 million and goes up to INR 2.12 million for the top-spec model.

The company claims it also received an additional 135,000 customers submitting their preferred configuration as they progress to complete booking formalities.

Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility, said, “We sincerely thank our customers for this overwhelming response which reaffirms the legendary status of the Tata Sierra. True to its legacy of redefining norms, the Sierra has pioneered a new category: the premium mid-SUV. Harnessing a deep understanding of evolving consumer aspirations, it reimagines what a mid-size SUV can be. By enriching every dimension – space, comfort, luxury, safety, and everyday usability, the Sierra elevates the segment to an entirely new benchmark. The Sierra is more than a vehicle – it stands as a symbol of progress, individuality and aspiration.”

The Tata Sierra was launched on 25 November, and is pipped as a premium mid-SUV and is available in three powertrain options – the 1.5L Kryojet Diesel, the 1.5L TGDi Hyperion petrol and the 1.5L NA Revotron petrol.

Comments (0)

ADD COMMENT

Link Copied!

South Korean auto major Hyundai Motor Company has announced that  its all-new Hyundai Nexo fuel-cell electric SUV has bagged 5-star crash test rating in the latest Euro NCAP safety assessment.

The Nexo, Hyundai’s hydrogen fuel-cell electric SUV, emits only water vapor and is central to the company’s push for zero-emission mobility. The top rating follows five-star Euro NCAP results for the Ioniq 5, Ioniq 6 and Ioniq 9. The rating validates Hyundai’s performance in crash protection and its suite of safety and driver-assistance technologies.

Euro NCAP, Europe’s independent organisation for evaluating vehicle safety, assesses vehicles across four areas: adult occupant protection, child occupant protection, protection of vulnerable road users and safety assistance technologies.

The new Hyundai Nexo achieved results across all four areas, including:

90 percent in Adult Occupant Protection.

85 percent in Child Occupant Protection.

In adult occupant tests, the passenger compartment remained stable in the frontal offset test, with protection of the knees, femurs, and all critical body regions for both driver and passenger. The Nexo performed well in the full-width rigid barrier test, achieved maximum points in the side barrier test and provided effective far-side occupant protection via its centre airbag. Whiplash protection for both front and rear seats was rated as good in rear-impact evaluations.

Child occupant protection performance was strong. The six- and 10-year-old dummies showed protection in all critical body areas in both frontal and side-impact tests, earning maximum points.

Additional safety features noted by Euro NCAP include an advanced eCall system and post-crash secondary impact prevention technology.

This achievement underlines Hyundai’s long-term commitment to hydrogen technology and safety innovation. The previous generation NEXO was the first fuel-cell electric vehicle tested by Euro NCAP in 2018, also achieving a five-star rating under the standards at that time.

Comments (0)

ADD COMMENT

Link Copied!

JSW MG Motor India has introduced the all-new MG Hector SUV featuring a revised exterior with new front and rear bumper designs, a new grille design and new alloy wheels at prices starting INR 1.19 million (ex-showroom) for limited units. The SUV comes in two new colours – Celadon Blue and Pearl White.

The interiors feature a Dual Tone Ice Grey Theme in the 5-seater trim and Dual Tone Urban Tan for the 6 and 7-seater trims. Exterior details include the new Aura Hex Grille, a hexagonal structure that symbolises strength and precision. New Aura Sculpt Bumpers at the front and rear deliver a muscular, assertive stance and also the Aura Bolt Alloy Wheels.

The all-new Hector's infotainment system, featuring a 14-inch HD portrait touch screen, receives a performance boost through Smart Boost technology. The system features the i-SWIPE Touch Gesture Control, enabling intuitive multi-touch operations for AC, music and navigation. Further convenience is provided by the Digital Bluetooth Key and Key Sharing capability along with Predictive Maintenance Alerts, Remote AC Control. A Full Digital Cluster with a 17.78 cm Embedded LCD Screen provides a driver interface.

Anurag Mehrotra, Managing Director, JSW MG Motor India, said, “The Hector was our maiden nameplate and quickly became synonymous with the MG brand, emerging as one of India’s most loved SUVs with 150,000 customers since its debut. With the All-New MG Hector, we take this legacy a notch higher by enhancing its design, comfort, and technology, offering an unmatched value proposition. We believe truly advanced mobility should not be an exclusive luxury reserved for the few. With this superior package, The All-New MG Hector will further democratize technology while setting a new benchmark for what a premium SUV can deliver.”

The new Hector also features a 360deg HD Camera with Wheel View, offering surround visibility along with tyre-level perspective. In terms of standard it gets ABS, EBD, ESP, TCS, Hill Hold Control and Brake Assist. The SUV is powered by a 1.5L Turbocharged Petrol engine (CVT & MT) offering 143 PS Power and 250 NM Torque.

Launched in 2019 as India’s First Internet Car, the MG Hector includes features such as a dual-pane panoramic sunroof, a 35.56 cm (14-inch) HD infotainment system, 8-colour Ambient Mood Lighting, and MG’s advanced i-SMART connected technology with 70+ features, and an advanced ADAS suite. Further features include Push Button Engine Start/Stop with a Smart Key and Anti-Theft Immobilisation, automatic powered tailgate, air purifier with PM 2.5 filter, rain sensing wipers, Remote Control for Audio, AC & Mood Light in i-Smart App and front parking sensors.

The prices for the diesel variant of the all-new Hector SUV will be announced next year.

Comments (0)

ADD COMMENT

Link Copied!