Hyundai Motor India to invest $1.16 billion to expand capacity at Pune city plant

Business Recorder reported that Hyundai Motor India intends to commit 110 billion Indian rupees, roughly $1.16 billion, to expand its Pune facility. The automaker announced the plan on Wednesday, saying it would lift the site's yearly output by nearly 90 per cent by 2030.

Capacity at the Maharashtra plant is set to rise from 170,000 units a year to 320,000 units. Hyundai will also add production systems that can handle several models, including combustion-engine cars and hybrids, along with AI-driven quality inspection and defect detection tools.

The Pune project follows a pledge from parent Hyundai Motor Group, made a day earlier, to invest $15.5 billion in India through 2032. Together with Chennai, the expanded plant is expected to take Hyundai's Indian output to 1.14 million units annually by 2030.