Hyundai Opens New Pune Plant, Plans to Increase Capacity to 3.2 Lakh Units by 2030
India, Oct. 15 -- Hyundai Motor India has opened its new manufacturing plant in Talegaon, Pune, as the company completes 30 years in India. The facility will make the Hyundai Venue for export markets, with shipments planned to more than 35 countries. It will also support the company's plans to expand production and strengthen its manufacturing operations in India.
Hyundai Pune Plant: Production Capacity and Investment
The new plant will initially produce up to 1.7 lakh vehicles a year. Hyundai plans to increase its capacity in stages to 3.2 lakh units by 2030. The facility also has an engine plant with an annual capacity of 1.5 lakh units. Hyundai plans to invest Rs 11,000 crore in the Pune facility in phases. The company said 55 supplie...
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