The Economic Times

Hyundai Motor India to hike production capacity to 1.14 mn units by 2030,boost localisation

Hyundai Motor India plans to raise annual production capacity to 1.14 million vehicles by 2030 and increase localisation to 92% by 2032 as it expands its manufacturing base in India. The automaker is also broadening its SUV and powertrain portfolio, with more CNG, electric and hybrid offerings, including a mass-market compact electric SUV later this fiscal.