Hyundai to put $15.5 bn into India ops by 2032
new delhi, Oct. 14 -- South Korean Hyundai Motor Group has committed to invest $15.5 billion in India between 2026 and 2032 through a dedicated investment entity, spanning manufacturing capacity expansion, research and development, local supplier development and investments in startups.
In a statement released on Tuesday evening, the group said the investment which will cover both Hyundai Motor India and Kia was discussed during a meeting between executive chair Euisun Chung and Prime Minister Narendra Modi in New Delhi.
The investment is expected to create additional employment opportunities across manufacturing, R&D, engineering and supply chains, as per its statement....
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