Hyundai nears 1 million vehicle capacity in India with new Pune plant

What happened: Hyundai inaugurated a new plant in Pune, India, on the site of a former General Motors facility acquired in 2023, marking 30 years of Hyundai operations in India. Key numbers: Pune starts at 170,000 units annually, rising to 250,000 within two years and 320,000 by 2030. Chennai plants produce 824,000 units. Why it matters: The plant lifts Hyundai's India capacity near 1 million units and supports plans to raise export share to 30 percent of production by 2030, while freeing Chennai lines for EV output.

Hyundai inaugurated a new plant in Pune, India, on the site of a former General Motors facility acquired in 2023, marking 30 years of Hyundai operations in India.

The plant lifts Hyundai's India capacity near 1 million units and supports plans to raise export share to 30 percent of production by 2030, while freeing Chennai lines for EV output.