Hyundai Motor Group plans to invest $15.5 billion in India from 2026 through 2032, following Executive Chair Euisun Chung’s meeting with Prime Minister Narendra Modi. The commitment covers Hyundai Motor India and Kia India, with funding for expanded production, research and development, local suppliers, startups and emerging mobility services. About $700 million is earmarked for the Indian R&D centre, including a vehicle-testing track. The group says the investment will strengthen India’s role as a manufacturing and export hub and create jobs across its automotive supply chain.
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