Wednesday, October 14, 2026

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.

from Auto-Industry-Economic Times https://ift.tt/DBVYuv7

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Mercedes plans bigger India play with greater localisation of parts

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