Hyundai Weighs Third India Plant and 500,000-Unit Capacity Boost by 2030

Hyundai Motor India is evaluating a third manufacturing plant in India, with Chhatrapati Sambhajinagar in Maharashtra and Sanand in Gujarat as candidate sites. Long-term investment could exceed $2 billion and add 500,000 units of annual capacity by 2030, though talks remain at an early stage.

• Candidate sites: Chhatrapati Sambhajinagar and Sanand
• Long-term investment could exceed $2 billion
• Potential capacity increase of 500,000 units a year
• 2026 output plan raised from 770,000 to about 820,000 units