Hyundai Motor India has received approval from board of directors for investment of around Rs 694 crore to establish and operate a tooling centre in India. The main area of business is manufacturing of stamping tool and panel production for vehicles.
The investment aims to stabilize Hyundai’s supply chain by complying with the project schedule through local stamping tool manufacturing and supply of panel. It will also strengthen the foundation of manufacturing by establishing infrastructure of stamping tool. The Board of Directors of the Company at their meeting held on March 24, 2025, inter-alia approved the same.
Hyundai Motor India is a wholly owned subsidiary of the Hyundai Motor company headquartered in South Korea. It is the second largest automobile manufacturer in India.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 360.15 |
| Maruti Suzuki | 13452.25 |
| Mahindra & Mahindra | 3199.35 |
| Hyundai Motor India | 1901.25 |
| Mercury Metals | 35.39 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: