Hyundai Motor India is planning to invest Rs 45,000 crore by FY2030 to drive the next phase of growth. The company is aiming to make India its second-largest region globally by FY2030. It is also eyeing to make India a export hub and has set a target of up to 30% export contribution. Besides, the company is aiming to achieve revenue mark of Rs 1 lakh crore by FY2030, while sustaining strong double-digit EBITDA margins.
Under its roadmap, the company is planning to launch 26 products including 7 new nameplates, India's first locally manufactured dedicated electric SUV by 2027 and the launch of its luxury brand Genesis. The company has also set a target to raise its domestic market share to over 15% by FY2030 underpinned by India centric product launches.
Hyundai Motor India is a wholly owned subsidiary of the Hyundai Motor company headquartered in South Korea. The company primarily manufactures and sells four-wheeler passenger vehicles and parts, such as transmissions and engines in India and outside India.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 342.55 |
| Maruti Suzuki | 13710.95 |
| Mahindra & Mahindra | 3261.80 |
| Hyundai Motor India | 1795.90 |
| Mercury Metals | 31.79 |
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