The Economic Times

Hyundai bets on expansion; hopes to return to No 2 position in PV sales by 2028-29

Hyundai Motor India plans to expand its Talegaon plant to increase production capacity for the domestic market. The company aims to enhance its market share to reclaim the No. 2 position by 2028-29. With an investment of 7,000 crore in Maharashtra, Hyundai is focusing on localization and creating new job opportunities. Furthermore, plans to launch 26 new models are expected to strengthen Hyundai's product portfolio.