NSEPress Release6d ago · 14 Oct 2026, 05:05 pm

Press Release

Hyundai Motor India Limited · HYUNDAI

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Hyundai Motor India Limited has inaugurated its new manufacturing facility in Pune, Maharashtra, with an annual installed capacity of 170,000 units, set to scale up to 320,000 units by 2030. The company has also celebrated its 30th anniversary in India and achieved cumulative exports of 4 million passenger vehicles.

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Market Sentiment8/10

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Hyundai Motor India Limited has informed the Exchange regarding a press release dated October 14, 2026, titled "Hon ble Chief Minister of Maharashtra Shri. Devendra Fadnavis Inaugurates Hyundai Motor India s Pune Plant".

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HMILNSE_14102026170456_PRPUNEPLANT14102026.pdf

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Date: October 14, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 SYMBOL: HYUNDAI SCRIP CODE: 544274 Dear Sir/Ma’am Sub: Press Release Further to our letter dated October 01, 2025, we hereby inform that the Company has today formally inaugurated its “Pune Plant” one of its manufacturing facilities located at Plot No. A-16, MIDC, Talegaon Industrial Area, Phase-II Expansion, Tehsil-Maval, Dist. Pune – 410 507, Maharashtra. A copy of the Press Release being issued by the Company in this regard is enclosed for your information and records. Kindly take the same on record. Thanking you, For Hyundai Motor India Limited Pradeep Chugh Company Secretary & Compliance Officer Encl: As above Hyundai Motor India Ltd. Corporate Office: Plot No. C11& C11A, City Centre, Urban Estate Regd. Office: Plot No. H-1, SIPCOT Industrial Park, Irrungattukottai, Gurgaon II, Sector 29 Gurugram, Haryana – 122001, India Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu-602117, India. T+91(124) 6962000 CIN (Corporate Identity Number): L29309TN1996PLC035377, T +91(44) 47100000 www.hyundai.com/in/en Hon’ble Chief Minister of Maharashtra Shri. Devendra Fadnavis Inaugurates Hyundai Motor India’s Pune Plant Hyundai Celebrates 30 Glorious Years in India Marks Domestic Sales of nearly 10 Million and Cumulative Exports of 4 Million Passenger Vehicles ▪ Pune plant’s current annual installed capacity is 170,000 units, set to scale up in phases to 320,000 units by 2030 ▪ Hyundai Motor India Limited to invest up to INR 11,000 crore at Pune Plant ▪ All New Hyundai VENUE manufactured exclusively at Pune plant and exported to global markets with plans to expand exports to over 35 countries ▪ Future-ready production lines capable of supporting multiple ICE and Hybrid models powered by advanced technologies ▪ State-of-the-art AI-enabled manufacturing facility designed on Industry 4.0 principles ▪ Advanced digital factory ecosystem integrating AI-driven analytics, predictive maintenance systems and immersive AR-based training ▪ Click here to access media assets Pune | October 14, 2026: Hyundai Motor India Limited (HMIL) today announced the formal inauguration of its state-of-the-art manufacturing facility based in Talegaon, Pune, in Maharashtra, marking a significant milestone in the company's growth story in India. The facility was inaugurated by Shri. Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra in the presence of His Excellency, Lee Seong-ho, Ambassador of the Republic of Korea to India; Smt. Sunetra Ajit Pawar, Hon’ble Deputy Chief Minister of Maharashtra; Mr. Euisun Chung, Executive Chair - Hyundai Motor Group (HMG); Mr. Jaehoon Chang, Vice Chair - HMG; Mr. José Muñoz, President & CEO - Hyundai Motor Company (HMC); and Mr. Tarun Garg, Managing Director & CEO - HMIL. On this special occasion, HMIL also celebrated the landmark achievement of cumulative exports of 4 million passenger vehicles from India since 1999, underscoring the company's contribution towards establishing India as a global automotive manufacturing and export hub. HMIL is cumulatively the largest exporter of passenger vehicles and the first automobile manufacturer to achieve the milestone of 4 million exports from India. The company has also sold nearly 10 million passenger vehicles in the domestic market, reflecting its strong and enduring presence among Indian customers. Commending HMIL for its valuable contribution to India's manufacturing growth, Hon’ble Chief Minister of Maharashtra Shri. Devendra Fadnavis, said, "The inauguration of Hyundai Motor India's Pune plant and the company's achievement of 4 million cumulative passenger vehicle exports reflect India's growing strength as a global automotive manufacturing hub. Hyundai's continued investments in advanced manufacturing technologies, innovation, localization and skill development will contribute significantly to economic growth, employment generation and development of a robust automotive ecosystem in Maharashtra. We welcome Hyundai's long-term commitment to the state and the nation. The Government of Maharashtra shall extend our full support to Hyundai's future growth journey." Developed as one of HMC’s most advanced manufacturing facilities globally, the Pune plant combines Industry 4.0 technologies, AI-enabled production systems, advanced quality management processes and a fully integrated digital manufacturing ecosystem. Adding his perspective on Hyundai Motor Group's long-term vision for India, Mr. Euisun Chung, Executive Chair - HMG, said, “India remains one of Hyundai's most important and strategic markets globally. The inauguration of the Pune plant reflects our long-term commitment to India's growth and our confidence in its bright future. HMIL’s milestone of 4 million cumulative vehicle exports demonstrates the global competitiveness of Indian manufacturing and highlights India's growing role within Hyundai Motor Group's worldwide operations.” Beyond manufacturing, HMIL is committed to contributing to India's future through innovation, research, electrification and talent development. The company is working with Indian institutions and partners through Industry-academia partnerships, battery and electrification research initiatives and future mobility programs to help shape the next chapter of sustainable mobility. Highlighting the strategic significance of the milestone and HMIL’s commitment to India, Mr. Tarun Garg, Managing Director & CEO - HMIL, said, "The inauguration of our Pune plant marks the beginning of HMIL’s next chapter of growth in India. We will invest INR 11,000 crore in phases at this facility. Beyond expanding manufacturing capacity, the facility will drive industrial development, innovation and employment generation in the region. Supporting this vision is a strong regional supplier ecosystem, with 55 supplier partners having already invested nearly INR 4,600 crore in the state. Together with tier-II vendors, the ecosystem has created more than 18,000 employment opportunities in Maharashtra, reinforcing the region’s emergence as a key automotive manufacturing hub. As we celebrate 30 years in India, we remain committed to creating long-term value for our customers, partners and communities. We sincerely thank the Government of Maharashtra, under the leadership of Hon’ble Chief Minister Shri. Devendra Fadnavis ji and the Government of India, for fostering a progressive ecosystem that continues to strengthen manufacturing, investment and economic growth in India." The Pune plant also houses a state-of-the-art engine shop with advanced manufacturing technologies, producing 150,000 engines annually to support vehicle production. What are the Key Highlights of HMIL’s Pune Manufacturing Facility? Capacity Expansion & Future Readiness ▪ Current annual installed production capacity of 170,000 units ▪ Further expansion, in phases to take the capacity to 320,000 units by 2030 ▪ Flexible production systems capable of supporting multiple models, including ICE and Hybrid manufacturing in the future ▪ Combined with Chennai operations, HMIL's total manufacturing capacity will reach nearly 1.14 million units annually by 2030 Smart Manufacturing & Industry 4.0 ▪ One of HMC’s most advanced manufacturing facilities globally, the Pune plant is built on Industry 4.0 principle ▪ Advanced digital factory environment powered by Hyundai's E-FOREST platform ▪ Predictive maintenance, digital simulations and immersive AR-based workforce training AI-Powered Operations ▪ AI-enabled manufacturing ecosystem integrating quality, production and maintenance ▪ AI-based quality inspection and defect detection systems ▪ AI-enabled workforce safety solutions ▪ AI-driven analytics for manufacturing efficiency and productivity enhancement ▪ Part of HMIL's broader roadmap to leverage AI across manufacturing, quality, [Showing first 8,000 characters — download PDF for full document]