Hyundai Opens Pune Plant, Plans ₹11,000 Crore Expansion

Hyundai’s new Talegaon plant can build 170,000 vehicles a year, but the company plans to raise capacity to 320,000 by 2030. At Wednesday’s opening in Pune, Hyundai Motor India said it would invest ₹11,000 crore in stages. The expansion gives the South Korean automaker more room to build cars in India and serve overseas buyers. ^1,6

The investment comes as Hyundai marks 30 years in India and reports exporting 4 million passenger vehicles from the country since 1999. The company says no other Indian automaker has reached that milestone. Maharashtra Chief Minister Devendra Fadnavis opened the Pune factory, with Hyundai Motor Group Executive Chair Euisun Chung and other senior officials attending. Hyundai says its Pune and Chennai plants could together build nearly 1.14 million vehicles a year by 2030. ^1,6

That 1.14-million target reflects India’s bigger role in Hyundai’s production network, not just a larger factory. Pune will make the Venue exclusively, and Hyundai plans to export the model to more than 35 countries. The site also has an engine shop that can make 150,000 engines a year. Its local network includes 55 supplier partners, which have invested nearly ₹4,600 crore. Hyundai says the wider supplier network has created more than 18,000 jobs in Maharashtra. ^4,7

Those 18,000-plus jobs are part of a factory built around digital tools, including AI-assisted quality checks and systems that predict when equipment needs maintenance. Hyundai says its production lines can support different models, including hybrids. It is also working with seven Indian academic institutions on nearly 40 research projects in battery technology and electric vehicles. Next, Hyundai plans to gradually raise Pune’s annual capacity to 320,000 vehicles by 2030. ^1,7