Hyundai Inaugurates Pune Plant, Invests ₹11,000 Crore

Hyundai Motor India Limited (HMIL) has formally inaugurated its new manufacturing facility in Pune, Maharashtra. The plant, designed with Industry 4.0 principles and AI-enabled systems, has an initial annual installed capacity of 170,000 units, with plans to scale up to 320,000 units by 2030. HMIL will invest up to INR 11,000 crore in phases at this facility. The Pune plant will exclusively manufacture the All New Hyundai VENUE for domestic sales and global exports, with plans to expand exports to over 35 countries. This inauguration coincides with HMIL celebrating 30 years in India and achieving 4 million cumulative passenger vehicle exports, making it India's largest exporter of passenger vehicles.