Hyundai is making a massive bet on the Indian car market, announcing a huge investment of ₹45,000 crore to launch new cars, introduce electric vehicles (EVs), and even bring its luxury brand, Genesis, to the country.
The goal is to make India Hyundai’s second-most important market globally and a key export hub. Here’s a simple breakdown of their plan until 2030.
A Wave of New Models
Get ready for a lot of new Hyundais. The company plans to launch 26 new models by 2030. This includes seven completely new cars that will help Hyundai enter new segments, like family-friendly MPVs and rugged off-road SUVs. By the end of the decade, more than 80 per cent of their sales are expected to come from these popular utility vehicles.
The Electric & Hybrid Push
A major part of the plan is a big shift towards greener cars:
Electric Vehicles (EVs): In 2027, Hyundai will launch its first electric SUV made specifically for India. It will be a compact model with different battery range options.
Hybrid Cars: Recognizing that different buyers have different needs, Hyundai will also launch eight hybrid models. This includes hybrid versions of popular cars like the Creta and i20.
Entering the Luxury Segment
In a major move, Hyundai will introduce its premium global brand, Genesis, to India by 2027. Models like the GV80 SUV will be assembled locally to keep prices competitive, taking on other luxury brands in the growing Indian premium market.
Financial and Market Goals
Hyundai has set clear financial targets, aiming for ₹1 lakh crore in revenue by 2030. To win over more of the market, they plan to expand their sales and service network to reach 85 per cent of Indian districts.
In short, Hyundai’s 2030 vision is all about offering something for everyone—from traditional petrol cars and CNG to hybrids and EVs, and from mass-market models to luxury vehicles—solidifying India’s role as a cornerstone of its global growth.