- Hyundai Motor India plans two new SUV launches including a localized EV by FY2027.
- The company will expand manufacturing capacity to 1.14 million units annually by 2030.
Hyundai Motor India Limited has detailed its FY2027 product and manufacturing roadmap with a strong focus on SUV expansion and electric mobility localization in India. The company confirmed plans to introduce two completely new SUV nameplates during FY2027, including a model positioned in the mid-size SUV segment and another that will become Hyundai’s first localized dedicated electric vehicle in the compact SUV category. The move reflects the automaker’s strategy to strengthen its position across high-growth utility vehicle segments while also accelerating its localized EV manufacturing approach for the domestic market.
The upcoming compact electric SUV is expected to play a key role in Hyundai’s long-term electrification strategy in India. By localizing the dedicated EV platform, the company aims to improve cost competitiveness, expand accessibility, and enhance domestic production efficiency. Hyundai’s focus on SUVs continues to align with changing consumer preferences in the Indian passenger vehicle market, where demand for utility vehicles and electric mobility solutions has been steadily increasing. The introduction of fresh nameplates is also expected to support the company’s broader product diversification and market expansion objectives.
Hyundai Motor India Manufacturing Capacity Expansion Plan
Alongside its product strategy, Hyundai Motor India Limited announced a major manufacturing expansion initiative for its Pune facility. The company plans to add an additional 70,000 units of annual production capacity beyond the previously announced Phase II expansion. With this latest addition, HMIL’s total manufacturing capacity across India is projected to reach 1.14 million units per annum by 2030. The expanded Pune facility will contribute 320,000 units annually, while the Chennai plant will account for 824,000 units.
The expansion roadmap demonstrates Hyundai’s commitment to scaling production capabilities in line with expected future demand from both domestic and export markets. The company stated that the enhanced production infrastructure would support upcoming SUV launches, localized EV manufacturing, and broader portfolio growth. Increased manufacturing flexibility is also expected to help Hyundai optimize supply chain efficiency and improve responsiveness to evolving market requirements across multiple vehicle segments.
FY2027 Capacity and Investment Overview
The following table highlights Hyundai Motor India’s announced production and investment roadmap for FY2027 and beyond.
| Category | Details |
|---|---|
| New SUV Launches | 2 New Nameplates |
| Localized EV | Compact SUV Segment |
| Total Capacity by 2030 | 1.14 Million Units Annually |
| Pune Plant Capacity | 320,000 Units |
| Chennai Plant Capacity | 824,000 Units |
| FY2027 Capex Plan | Approximately INR 75 Billion |
| Export Growth Target | 8–10% Volume Growth |
To support these expansion initiatives, the company has outlined a capital expenditure plan of approximately INR 75 billion for FY2027. The investment will primarily support product development, production expansion, localization activities, and manufacturing upgrades. Hyundai also reiterated its export growth ambitions, targeting an 8–10% increase in export volumes through continued market diversification and product-driven opportunities. The export strategy is expected to strengthen the company’s global supply network while supporting higher utilization across its Indian manufacturing operations.
Frequently Asked Questions
What new vehicles will Hyundai Motor India launch in FY2027?
Hyundai Motor India plans to introduce two completely new SUV nameplates during FY2027, including a mid-size SUV and its first localized dedicated electric vehicle in the compact SUV category. The launches are part of the company’s strategy to strengthen its SUV portfolio and expand its electric mobility presence in India. The localized EV approach is expected to improve affordability, manufacturing efficiency, and market competitiveness while supporting growing demand for electric passenger vehicles in the country.
What is Hyundai Motor India’s manufacturing expansion target?
Hyundai Motor India aims to increase its total manufacturing capacity to 1.14 million units annually by 2030 through further expansion of its Pune and Chennai plants. The Pune facility will contribute 320,000 units per year after expansion, while the Chennai facility will account for 824,000 units. This manufacturing growth strategy is intended to support future SUV launches, localized EV production, export growth targets, and rising domestic market demand across passenger vehicle segments.
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