At its first-ever Investor Day, Hyundai Motor India Limited shared a strategic roadmap focused on India-specific product expansion, advanced manufacturing, deep localization, and financial goals to drive growth through FY2030.
Mr. José Muñoz, President & CEO of Hyundai Motor Company, stated: “Building on our landmark IPO and 29 years of success in India, Hyundai Motor India plans to invest ₹45,000 crores by FY2030 to drive our next phase of growth. India holds a strategic position in Hyundai’s global vision—by 2030, it will become our second-largest market globally, fully aligned with the Hon’ble Prime Minister Shri Narendra Modi’s ‘Make in India’ initiative.
Our commitment includes making India a global export hub, with exports expected to contribute up to 30%. We plan 26 product launches, including seven all-new nameplates, and will introduce India’s first locally manufactured dedicated electric SUV by 2027. We’re also bringing our luxury brand Genesis to India.
With strong fundamentals, a clear strategy, and the trust of Indian customers built over nearly three decades, we are excited about what lies ahead. At Hyundai, we continue to treat every customer like an honoured guest.”
Mr. Unsoo Kim, Managing Director, HMIL said, “Our robust investment plans reflect HMIL’s strategic expansion and our vision to deliver smart mobility solutions enriched with world-class products and cutting-edge technologies for India’s aspiring and fast growing customer base. As we chart this growth trajectory, we are targeting a revenue milestone of ₹1 lakh crore by FY2030, while sustaining strong double-digit EBITDA margins. Most importantly, we remain deeply committed to creating long-term value for our shareholders by announcing a healthy dividend payout guidance of 20% – 40%.”
Mr. Tarun Garg, Whole-time Director & COO, HMIL added, “This transformative 2030 roadmap serves as a pivotal catalyst in redefining HMIL’s growth trajectory and propelling us to new heights through well-aided strategic initiatives. As we chart our course through this transformative evolution, HMIL sets out target to achieve 15%+ market share in domestic market underpinned by India centric product launches. We remain steadfast to augment our presence in high-growth SUV segment driven by robust product strategy and customer centric approach, thereby, targeting over 80% UV contribution by FY2030.”
He further added, “We are set to become one of the very few mass-market OEMs in India to offer a comprehensive range of powertrain options spanning ICE, CNG, EV and Hybrid technologies with more than 50% of our portfolio powered by cleaner and more sustainable technologies, reflecting our commitment to future-ready mobility. By FY2030, our sales and service network will extend to 85% of India’s districts, with rural markets expected to contribute 30% of total sales, underscoring our inclusive growth strategy and deepening reach across Bharat.”
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