Close Menu
The Battery MagazineThe Battery Magazine
  • Just In
  • Batteries
    • Battery Manufacturing (BESS)
    • Battery Materials & Chemistries
    • Battery Recycling
    • C&I Storage
  • Solar
  • Renewable energy
    • Wind Energy
    • Hydropower
    • Green Hydrogen
    • Bioenergy
  • Tenders
    • Energy Storage
    • Solar Energy
    • Wind Energy
  • Policy
    • Storage
    • Solar
    • Wind
    • EV
    • Transmission
  • EV
    • EV Batteries
    • EV Charging Infrastructure
    • Electric Mobility Trends
  • Grid
    • Transmission & Distribution
    • Grid Infrastructure
    • Power Generation
    • Power Equipments
  • Exclusive
    • Cover Story
    • Watt Matters
    • Perspective
    • Articles
  • More
    • E-Mag
    • Events
    • Contact Us
Facebook LinkedIn WhatsApp
The Battery MagazineThe Battery Magazine
  • Just In
  • Batteries
    • Battery Manufacturing (BESS)
    • Battery Materials & Chemistries
    • Battery Recycling
    • C&I Storage
  • Solar
  • Renewable energy
    • Wind Energy
    • Hydropower
    • Green Hydrogen
    • Bioenergy
  • Tenders
    • Energy Storage
    • Solar Energy
    • Wind Energy
  • Policy
    • Storage
    • Solar
    • Wind
    • EV
    • Transmission
  • EV
    • EV Batteries
    • EV Charging Infrastructure
    • Electric Mobility Trends
  • Grid
    • Transmission & Distribution
    • Grid Infrastructure
    • Power Generation
    • Power Equipments
  • Exclusive
    • Cover Story
    • Watt Matters
    • Perspective
    • Articles
  • More
    • E-Mag
    • Events
    • Contact Us
LinkedIn Facebook WhatsApp YouTube
The Battery MagazineThe Battery Magazine
Home » EV & Automotive » Hyundai Motor India Unveils ₹45,000 Crore 2030 Growth Plan with Focus on EVs, Exports, and Market Expansion
EV & Automotive

Hyundai Motor India Unveils ₹45,000 Crore 2030 Growth Plan with Focus on EVs, Exports, and Market Expansion

PrakashBy PrakashOctober 15, 20253 Mins Read
Facebook Twitter LinkedIn WhatsApp
Hyundai Motor India Unveils ₹45,000 Crore 2030 Growth Plan with Focus on EVs, Exports, and Market Expansion

Hyundai Motor India Limited (HMIL) hosted its first-ever Investor Day, presenting a comprehensive strategic roadmap that includes India-centric product expansion plans, advanced manufacturing, deep localization, and key financial guidance to support its growth trajectory through FY2030.

Leaders’ Statements

Mr. José Muñoz, President & CEO, HMC, said:

“Following our landmark IPO last year and 29 years of success in India, now HMIL plans an investment of ₹45,000 crores through FY2030 to drive the next phase of growth. India is a strategic priority in Hyundai’s global growth vision. By 2030, HMIL will be our second-largest region globally, aligned with the Honorable Prime Minister Shri Narendra Modi’s vision of ‘Make in India.’ We’re making India a global export hub, targeting up to 30% export contribution. Our commitment is comprehensive: 26 product launches, including 7 new nameplates, India’s first locally manufactured dedicated electric SUV by 2027, and the launch of our luxury brand Genesis, all while treating every customer like our honored guest. The fundamentals are strong. The strategy is clear. The team is energized. And most importantly, we have the trust of Indian customers built over 29 years. It’s a great time to be at Hyundai Motor India.”

Mr. Unsoo Kim, Managing Director, HMIL, said:

“Our robust investment plans reflect HMIL’s strategic expansion and our vision to deliver smart mobility solutions enriched with world-class products and cutting-edge technologies for India’s aspiring and fast-growing customer base. As we chart this growth trajectory, we are targeting a revenue milestone of ₹1 lakh crore by FY2030, while sustaining strong double-digit EBITDA margins. Most importantly, we remain deeply committed to creating long-term value for our shareholders by announcing a healthy dividend payout guidance of 20%–40%.”

Mr. Tarun Garg, Whole-time Director & COO, HMIL, added:

“This transformative 2030 roadmap serves as a pivotal catalyst in redefining HMIL’s growth trajectory and propelling us to new heights through well-aided strategic initiatives. As we chart our course through this transformative evolution, HMIL sets out a target to achieve 15%+ market share in the domestic market underpinned by India-centric product launches. We remain steadfast to augment our presence in the high-growth SUV segment driven by a robust product strategy and customer-centric approach, thereby targeting over 80% UV contribution by FY2030.”

He further added:

“We are set to become one of the very few mass-market OEMs in India to offer a comprehensive range of powertrain options spanning ICE, CNG, EV, and hybrid technologies, with more than 50% of our portfolio powered by cleaner and more sustainable technologies, reflecting our commitment to future-ready mobility. By FY2030, our sales and service network will extend to 85% of India’s districts, with rural markets expected to contribute 30% of total sales, underscoring our inclusive growth strategy and deepening reach across Bharat.”

whatsapp icon Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
EV adoption in India Hyundai Motor India
Prakash
  • Website
  • LinkedIn

Journalist with experience in researching, reporting, and creating engaging content across diverse topics and platforms. My work has strengthened my skills in communication, relationship building, and understanding people, while also honing my organisational and problem-solving abilities.

Keep Reading

SUN Mobility Unveils World's First Modular Battery Swapping Solution with Tata Starbus EV

SUN Mobility Unveils World’s First Modular Battery Swapping Solution with Tata Starbus EV

MoRTH Signs PARIVARTAN Scheme MoUs with Olectra and Montra Electric

MoRTH Signs PARIVARTAN Scheme MoUs with Olectra and Montra Electric

DERC Issues Fourth Removal of Difficulty Order to Support PM E-DRIVE EV Charging Infrastructure

DERC Issues Fourth Removal of Difficulty Order to Support PM E-DRIVE EV Charging Infrastructure

Comments are closed.

Renewable energy
Berde Renewables Partners With Sungrow to Deploy 500 MWh Battery Storage Across Southeast Asia

Berde Renewables Partners With Sungrow to Deploy 500 MWh Battery Storage Across Southeast Asia

July 20, 2026
Tongwei Unveils 770W Solar Module With Industry-Leading 93.07% Bifaciality

Tongwei Unveils 770W Solar Module With Industry-Leading 93.07% Bifaciality

July 20, 2026
Assam Unveils ₹77,353 Crore Power Infrastructure Expansion Plan

Assam Unveils ₹77,353 Crore Power Infrastructure Expansion Plan

July 20, 2026
Attero Secures ISO-Verified Life Cycle Assessment for Recycled Metals

Attero Secures ISO-Verified Life Cycle Assessment for Recycled Metals

July 20, 2026
Batteries
POWERGRID Secures Fatehgarh-II Synchronous Condenser Project to Strengthen Grid Stability and Renewable Energy Integration

POWERGRID Secures Fatehgarh-II Synchronous Condenser Project to Strengthen Grid Stability and Renewable Energy Integration

July 20, 2026
Kerala Includes ISTS Benefits for RE and BESS in New Power Procurement Rules

Kerala Includes ISTS Benefits for RE and BESS in New Power Procurement Rules

July 20, 2026
Waaree Energies opens a 5.15 GWh BESS container production plant

Waaree Energies opens a 5.15 GWh BESS container production plant

July 17, 2026
Researchers Have Developed a Unique Porous Organic Anode Material For More Efficient Lithium-Ion Batteries

Researchers Have Developed a Unique Porous Organic Anode Material For More Efficient Lithium-Ion Batteries

July 17, 2026

Subscribe for Updates

Get the latest news about energy storage in your inbox.

    © 2026 Thebatterymagazine.com.
    • Home
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.