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.

Stellantis India Inaugurates Jeep And Citroen Brand House In Goa

Stellantis

European automaker Stellantis India has launched its Stellantis Brand House (SBH) dealership in Goa, operated by Caculo Motors. The 3S (Sales, Service, and Spares) facility was inaugurated by the Chief Minister of Goa, Dr Pramod Sawant, alongside Shailesh Hazela, Managing Director and CEO of Stellantis India.

The dual-brand retail format brings the Jeep and Citroen portfolios under one roof. The facility is designed as a ‘phygital’ ecosystem, integrating digital and physical touchpoints to manage customer engagement and transactions.

The Stellantis Brand House is spread across 4,000 square metres, a workshop featuring 10 bays equipped for routine and specialised maintenance. On-site spares and technical teams for both American and French automotive brands.

The facility aims to serve North and South Goa, targeting the lifestyle and youth-driven segments of the market. The Jeep brand focuses on off-road capability and adventure, while Citroen emphasises comfort and modular design.

Dr Pramod Sawant, Chief Minister of Goa, said, “Heartiest congratulations to the Caculo family on completing 100 remarkable years in the automobile industry. As a proud Goan family, they have played a pioneering role in bringing automobiles to Goa, with four generations dedicated to this business. From introducing international brands through Caculo Mall to creating employment for over 500 people, their contribution to both the automobile and service sectors has opened immense opportunities in the state.”

Shailesh Hazela, said, “Goa is an important and evolving market, with customers who value comfort, reliability, design, and capability. With this new Citroen SBH dealership, we are strengthening our commitment to Goa and ensuring that customers here have seamless access to our offerings—whether they seek the comfort-first approach of Citroen or the adventure DNA of Jeep. We are delighted to partner with the Caculo Group, whose legacy of trust and customer satisfaction aligns strongly with our own values.”

Manoj M Caculo, Chairman & Managing Director, Caculo Group, said, “For more than ten decades, the Caculo Group has remained committed to delivering quality and trust to customers across Goa. We are proud to partner with Stellantis to bring Citroën’s global expertise and customer-first philosophy to the state. This modern SBH facility reflects our dedication to offering world‑class automotive experiences to every customer who walks through our doors.”

Kia Seltos Achieves Five-Star Bharat NCAP Safety Rating

Kia Seltos - BNCAP

Kia India, one of the leading passenger vehicle manufacturers, has announced that its new Seltos SUV has secured a five-star safety rating under the Bharat New Car Assessment Programme (BNCAP). The vehicle achieved a combined score of 76.70, the highest recorded for an internal combustion engine (ICE) vehicle tested by the agency to date.

The assessment resulted in a score of 31.70 points for Adult Occupant Protection (AOP) and 45.00 points for Child Occupant Protection (COP). These figures represent the highest AOP score for an ICE vehicle under the BNCAP protocol.

The SUV is built on the K3 platform, which utilises reinforced hot-stamped components and high-strength steel. This architecture is engineered for crash energy management by absorbing and distributing impact forces during a collision.

The Seltos incorporates a range of active and passive safety technologies. Its Standard Safety Pack includes six airbags, Electronic Stability Control (ESC) and Hill-start Assist Control (HAC) as standard across all variants.

It gets ADAS Level 2, which includes a suite of 21 autonomous features, including Forward Collision-Avoidance Assist and Smart Cruise Control with Stop & Go. The Seltos SUV also features a 360-degree surround camera, Blind View Monitor and side parking sensors to improve situational awareness.

The BNCAP certificate was presented to Kia India by Nitin Gadkari, Union Minister of Road Transport and Highways. The Seltos is the second Kia model to achieve this rating, following the Kia Syros.

Gwanggu Lee, MD and CEO, Kia India, said, “Safety is an integral part of Kia’s product philosophy as we continue our journey towards becoming one of the most trusted mobility brands in India. The All-New Kia Seltos achieving a 5-star rating, along with the highest-ever Adult Occupant Protection score across ICE vehicles under BNCAP, across ICE vehicles under BNCAP, with one of the strongest Child Occupant Protection scores recorded to date, has emerged as the highest-scoring ICE vehicle overall under BNCAP. This is a strong validation of our engineering capabilities and intent where every aspect of the vehicle, from its structure to its advanced safety technologies, has been developed with occupant protection at its core, making it a strong choice as a family SUV. This milestone sets a new benchmark for safety and reflects our commitment to bringing globally benchmarked safety standards to customers in India.”

Hyundai Venue N Line

Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has announced that its new Venue and Venue N Line SUVs have received a 5-star safety rating from the Bharat New Car Assessment Programme (BNCAP). The rating applies to both adult and child occupant protection, with the vehicles scoring 31.147 in Adult Occupant Protection (AOP).

The Venue is built on the Global K1 enhanced platform. Its body structure utilises 71 percent high-strength steel, including ultra-high-strength and hot-stamped steel, to improve crash protection.

As standard, it gets 33 safety features across all variants, including six airbags, three-point seatbelts for all seats and Electronic Stability Control (ESC). The SUV is equipped with four-disc brakes, Hill-start Assist Control (HAC) and an electric parking brake with auto hold. It also gets a Surround View Monitor (SVM), a Blind View Monitor (BVM) and a Highline Tyre Pressure Monitoring System (TPMS).

The models feature Hyundai SmartSense Level 2 ADAS, providing a suite of 21 intelligent features. This technology uses sensors and cameras to assist with collision avoidance, lane maintenance, and driver awareness.

The BNCAP certificate was presented by Nitin Gadkari, Union Minister of Road Transport and Highways, to Tarun Garg, Managing Director & CEO of Hyundai Motor India. Since its launch, the new Venue has recorded over 100,000 bookings in the Indian market.

Nitin Gadkari, said, “Congratulations to Hyundai Motor India Limited on achieving 5‑Star Bharat NCAP safety rating for both adult and child occupant for their recently launched Hyundai Venue and Venue N Line. This achievement reflects Hyundai’s strong commitment to enhancing vehicle safety in line with Indian road conditions and evolving customer expectations, while making advanced safety technologies more accessible to a broader segment of the market.”

Tarun Garg, stated, “We are extremely proud that the all-new Hyundai Venue and Venue N Line have secured 5‑Star safety rating under Bharat NCAP testing, reaffirming our unwavering commitment to offer world‑class products to our customers. This achievement further strengthens our commitment to making advanced safety technologies accessible to a wider set of customers in India.”

Stellantis Launches Europe Supplier Advisory Council To Address Industry Challenges

Stellantis Europe

Automotive major Stellantis has announced the formation of the Europe Supplier Advisory Council, a forum intended to increase collaboration between the carmaker and its supply chain. The council brings together senior Stellantis leadership and 26 supplier partners representing various automotive technologies and commodities.

The council will convene for three sessions during 2026, with each meeting lasting 1.5 days. The initiative includes participation from major European supplier associations, ANFIA and FIEV, to provide a collective voice for the regional supply base.

The Council's primary functions include:

  • Operational Efficiency: Identifying bottlenecks and improvement opportunities across the value chain.
  • Strategic Workstreams: Establishing joint Stellantis-supplier groups focused on production planning, cost competitiveness and operational excellence.
  • Innovation Readiness: Accelerating the deployment of new technologies and ensuring launch readiness for future vehicle programmes.
  • Regulatory Alignment: Addressing European Union regulatory requirements and geopolitical instability.

The council is designed to modernise supplier partnerships amid technological shifts and market volatility. By co-leading workstreams, Stellantis and its partners aim to align performance expectations and enhance the resilience of the European manufacturing and R&D platforms.

Emanuele Cappellano, COO, Stellantis Europe, said, “The launch of the Europe Supplier Advisory Council represents an important milestone in our journey to strengthen the region’s industrial performance. Today, more than ever, our success depends on deep collaboration with our supplier partners. By creating a shared forum where we openly discuss challenges and opportunities, we are building the foundation for faster execution, stronger competitiveness, and sustainable growth across Europe.”

Stephane Dubs, SVP of Purchasing and Supplier Quality for Stellantis Europe, added, “Our suppliers are essential contributors to Stellantis’ transformation. This new Council allows us to work side-by-side, with transparency and respect, to co-create solutions that benefit both sides. Together, we will address the critical issues shaping our industry—whether in quality, launch readiness, cost competitiveness, innovation, or supply chain resilience—and turn them into strategic advantages for our entire ecosystem.”

Jean-Louis Pech, President, FIEV, commented, “FIEV welcomes the opportunity to join Stellantis Supplier Advisory Council, which represents a valuable opportunity to strengthen our relationship and enrich the dialogue with suppliers. This participation will enable us to represent, with ANFIA, the collective voice of suppliers and actively contribute to the Council’s work.”

Marco Stella, President, ANFIA Components Group and Vice-President of ANFIA, stated, “Now more than ever, it is essential to invest in a fruitful partnership between Stellantis and the supply chain ecosystem, caught between European market weakness, geopolitical instability and fierceful competition, also to face united and together EU regulatory challenges and support EU manufacturing and R&D platforms.”