Hyundai Motor India Aims to Become a Key Global Export Hub by 2030 with Strategic Expansion!

Hyundai Motor India, a subsidiary of the South Korean automaker, has announced ambitious plans to significantly enhance its role within Hyundai’s global operations. The company is targeting the status of Hyundai’s largest export hub outside of South Korea by the end of the decade. This expansion strategy involves increasing the share of exports in its total production volume from 21% to 30% by 2030, with the goal of strengthening its position in international markets and contributing significantly to the company’s global growth.

According to Unsoo Kim, Managing Director and CEO of Hyundai Motor India, the company is poised to take advantage of growing export opportunities. “Exports have gained significant traction in recent months. We intend to build on this momentum and expand our presence in international markets, particularly in regions showing robust demand,” Kim stated during a recent investor briefing. In FY2025, Hyundai India’s export volume remained steady at approximately 163,000 units, and for FY2026, the company is targeting a 7–8% increase in export volumes driven by sustained demand from emerging markets.

This expansion initiative reflects a broader trend within the Indian automotive industry, as major players like Maruti Suzuki are also emphasizing exports. Maruti Suzuki, India’s largest carmaker, has projected a 20% growth in overseas shipments for the current fiscal year, up from 330,000 units last year, and aims to export over 750,000 units annually by 2030. Hyundai India’s strategic focus on exports comes at a time when domestic market expansion is slowing, highlighting the increasing importance of international markets for continued growth.

Hyundai Motor India has long been a leader in cumulative car exports from India, with its key export markets including the Middle East, Africa, South Asia, and Latin America. The company has recently explored expanding into more advanced markets, such as Australia, as part of its plan to diversify and increase its global footprint. Currently, Hyundai exports to over 80 countries, showcasing the global appeal and reach of its products.

To support this export growth, Hyundai India’s production capacity is poised for expansion. The company currently operates two integrated manufacturing facilities in Sriperumbudur, near Chennai, with a combined annual production capacity of 824,000 units. In addition to this, Hyundai India recently acquired a manufacturing plant in Talegaon, Maharashtra, from General Motors, which is set to begin production in the third quarter of FY2025. Once fully operational, the Talegaon facility will add a further 250,000 units to Hyundai India’s total installed capacity, bringing the total capacity to approximately 1.074 million units annually.

India stands as Hyundai’s third-largest global market, and its operations in the country are expected to play a significant role in the parent company’s goal to achieve a 1-million-unit global capacity expansion by 2030. Hyundai India is projected to contribute to one-fourth of this capacity addition, solidifying its pivotal role in the global operations of the brand.

To support both domestic and international demand, Hyundai India is committed to introducing 26 new models by 2030. This product pipeline will include 20 internal combustion engine (ICE) vehicles and 6 electric vehicles (EVs), with plans for new launches, complete redesigns of existing models, and product updates. These new models will help Hyundai India cater to the evolving market demands, particularly with the increasing demand for electric vehicles in both domestic and global markets.

The combination of increased production capacity, model diversification, and a strategic export focus positions Hyundai India to play a central role in the company’s global growth roadmap over the next five years. As Hyundai continues to innovate and expand its reach, its operations in India will become a critical hub in meeting global mobility needs, supporting sustainable growth, and reinforcing Hyundai’s commitment to a future driven by smart, green, and intelligent mobility solutions.