Hyundai Motor India targets 1.14 million units capacity and 92 percent localisation

Hyundai Motor India has announced strategic plans to elevate its yearly manufacturing output to 1.14 million vehicles by the year 2030. Alongside this capacity expansion, the automaker intends to push its component localisation level to 92 percent by 2032, reinforcing its operational footprint within the country.

This localized manufacturing push supports a broader expansion of the company's sport utility vehicle and powertrain lineups. The carmaker is preparing to introduce a wider variety of alternative fuel choices, including compressed natural gas variants, hybrid configurations, and full electric models to cater to shifting consumer demands.

Looking immediately ahead, the brand scheduled the launch of a mass-market compact electric sports utility vehicle before the conclusion of the current fiscal year. Stakeholders and industry observers will monitor supply chain progress and upcoming vehicle rollouts as these long-term targets take shape.