Hyundai Motor India manufactures and sells passenger cars and SUVs for the Indian market and for export. Its main plant is near Chennai in Tamil Nadu, and a second vehicle plant at Talegaon near Pune began production in 2025. The company is listed on the NSE and BSE.
Ownership and structure
Hyundai Motor Company holds 82.5 percent of Hyundai Motor India Limited, which it owned fully until an offer for sale in October 2024 listed the company. Hyundai Motor India Limited is listed on the NSE and BSE under the symbol HYUNDAI.
What India does for Hyundai
India is a major production and export base for Hyundai, with plants in Chennai and Talegaon and a research subsidiary in Hyderabad.
Investment and deals
Hyundai Motor India plans to invest Rs 45,000 crore between FY26 and FY30 in manufacturing expansion, electrification and new products. Its planned investment at the Talegaon plant was raised from Rs 7,000 crore to Rs 11,000 crore.
Hyundai's India business
Hyundai Motor India was established on May 6, 1996, and its Chennai plant started operations in September 1998. The company had 4,068 employees and 12,733 workers, including contract staff, at the end of FY2025 26.
Vehicle production at the Talegaon plant in Maharashtra began on October 1, 2025, with initial capacity of 170,000 units a year planned to rise to 250,000 by 2028. Hyundai raised its planned Talegaon investment from Rs 7,000 crore to Rs 11,000 crore.
The company has sold more than 12.7 million vehicles since it was set up, including over 3.7 million exported to more than 150 countries.
Key moves in India
- 1996: Hyundai Motor India was established on May 6 as a wholly owned subsidiary.
- 1998: The Chennai plant started operations in September.
- 2006: The research and development subsidiary in Hyderabad was set up in November.
- 2024: Hyundai completed the acquisition of General Motors' Talegaon plant in Maharashtra in January.
- 2024: Hyundai Motor India listed on NSE and BSE in October after the parent sold a 17.5 percent stake.
- 2025: Vehicle production began at the Talegaon plant on October 1.
Where it operates
Hyundai runs its India business from Gurugram. It also has a presence in Chennai, Pune and Hyderabad.
At a glance
- Home country: South Korea
- Global headquarters: Seoul
- Sector: Manufacturing & Supply Chains
- Business: Automotive
- Role of India: Sales market, Manufacturing base, Export base, R&D and engineering hub
- India entity: Hyundai Motor India Limited
- Listed in India: Hyundai Motor India Limited (HYUNDAI)
- India head office: Gurugram
- India offices: Gurugram, Chennai, Pune, Hyderabad
- India headcount: 16,801 (2026)
- In India since: 1996
© 2026 The Narrative Republic
See every foreign company we track in our Foreign Companies in India directory.
