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Hyundai Motor India formally inaugurated a new smart manufacturing facility in Talegaon, Pune, Maharashtra.
The plant opens with an annual installed production capacity of 170,000 units and is planned to scale up to 320,000 units by 2030.
The facility will manufacture the all-new Hyundai VENUE exclusively for global markets, with exports planned to more than 35 countries.
Hyundai said it has reached 4 million cumulative passenger vehicle exports from India since 1999.
Why it mattersThe new Pune factory expands Hyundai’s India manufacturing capacity and signals how the company plans to deepen local production and investment.
More context
The company announced a phased investment of INR 11,000 crore in the new Pune facility.
One report said the plant includes AI-enabled production systems, Industry 4.0 technologies, and an engine shop with capacity to produce 150,000 engines annually.
The inauguration was attended by Maharashtra Chief Minister Devendra Fadnavis and Korean Ambassador Lee Seong-ho, who were noted as commending the company’s contribution to regional manufacturing and employment.