Hyundai Motor India Unveils Bold ₹45,000 Crore Plan to Capture 15% of Market by 2030

Hyundai Motor India Limited (HMIL), at its maiden Investor Day on October 15, 2025, announced an ambitious investment of INR 45,000 crore through fiscal year 2030. 

The company aims to become a dominant player in the Indian automotive market with a target of 15 percent domestic market share and position India as its second-largest global region.

Strategic Roadmap and Product Expansion

HMIL outlined a comprehensive growth strategy focusing on India-centric product expansion, advanced manufacturing capabilities, and deep localisation. The company plans to launch 26 new models by 2030, including seven entirely new nameplates and India’s first locally manufactured dedicated electric SUV, expected by 2027. Hyundai will also introduce its luxury brand Genesis in the Indian market.

José Muñoz, President & CEO of Hyundai Motor Corporation, emphasised the strategic importance of India within Hyundai's global vision. “By 2030, HMIL will be our second-largest region globally. We’re making India a global export hub, targeting up to 30 percent export contribution,” he said.

Financial and Market Growth Targets

HMIL aims to achieve revenue of INR 1 lakh crore by FY2030, maintaining strong double-digit EBITDA margins. Managing Director Unsoo Kim highlighted the company’s commitment to shareholder value with a targeted dividend payout guidance ranging from 20 percent to 40 percent.

“To redefine HMIL’s growth trajectory, we are committed to delivering sustainable value to our shareholders and customers alike,” said Tarun Garg, Whole-time Director & COO, reinforcing the company’s intent to deepen its market penetration.

Focus on SUVs and Rural Market Expansion

Targeting the booming SUV segment, HMIL plans for over 80 percent of its portfolio to be utility vehicles by 2030, driven by robust product strategy and customer-focused innovation. 

In line with an inclusive growth vision, the company projects its sales and service network to cover 85 percent of India’s districts. Rural markets are expected to represent 30 percent of total sales, underscoring Hyundai’s commitment to expanding its reach throughout Bharat.

Battery Technology Innovations

Hyundai Motor India envisions technological leadership in electric mobility with cutting-edge battery advancements slated for 2027. The next-generation battery cells promise 30 percent lower cost, 15 percent higher energy density, and 15 percent faster charging. These enhancements will help maintain over 90 percent battery life retention even after 250,000 miles.

A projected 30 percent reduction in battery cost per kilowatt-hour could be a game-changer. With current pack-level battery costs around USD 120 to USD 130 per kWh, a 30 percent drop would bring prices below USD 90 per kWh, nearing the crucial threshold where electric vehicles can compete on price with comparable internal combustion engine cars without any subsidies.