Hyundai Motor India has increased its investment in the Talegaon manufacturing facility, Maharashtra, by 57 percent to Rs 11,000 crore from the earlier commitment of Rs 7,000 crore.

The announcement was made during a meeting between Hyundai MD Unsoo Kim and Maharashtra Chief Minister Devendra Fadnavis. The enhanced funding will support advanced manufacturing technologies, including a seventh-generation paint shop, automation, infrastructure upgrades, and EV readiness. The Talegaon plant, acquired from General Motors, currently produces engines with an annual installed capacity of 1,50,000 units.

Vehicle manufacturing will begin with 1,70,000 units per year, later scaling to 2,50,000 units. Combined with Hyundai’s Chennai plant (8,24,000 units), India’s total capacity will reach 10,74,000 units by 2028. Hyundai plans to launch 26 new models by FY30, including six EVs, 20 ICE models, and hybrids. The expansion is expected to generate employment directly and indirectly for around 7,600 people.