India, Oct. 15 -- South Korean automotive giant Hyundai Motor Group has announced plans to invest $15.5 billion in India between 2026 and 2032, positioning the country as a strategic core market for its future growth, expansion into emerging markets and next-generation automotive innovation.

The investment plan was discussed during a meeting between Prime Minister Narendra Modi and Hyundai Motor Group Executive Chair Euisun Chung at the Prime Minister's Office in New Delhi on October 13, 2026. The initiative underscores the group's commitment to strengthening its presence in India and contributing to the country's automotive sector growth.

The seven-year investment programme will cover manufacturing expansion, research and development (...