Hyundai Motor Company, on Wednesday, unveiled a detailed roadmap to expand its operations in India, calling the country central to its global vision. Jose Munoz, Global CEO of Hyundai Motor Company, in an exclusive interview with CNBC-TV18, said, “India is not important for the strategy of Hyundai globally, but it is the strategy for Hyundai globally.”
At Hyundai Motor India Limited’s (HMIL) first Investor Day in Mumbai, the company announced an investment of ₹45,000 crore through FY2030 to drive its next phase of growth. “Following our landmark IPO last year and 29 years of success in India, now HMIL plans an investment of ₹45,000 crore through FY2030 to drive the next phase of growth,” Munoz said.
The investment will focus on product expansion, R&D, manufacturing, and hiring new engine