25-May-2026
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Hyundai Motor India lines up Rs 7,500 cr capex for FY27; eyes to reclaim no 2 spot
09-May-2026

Hyundai Motor India Ltd on Friday said it has lined up Rs 7,500 crore capex for FY27 and slated two new models, including a mass segment electric SUV, for launch this year, as it seeks to regain the number two position in the domestic passenger vehicle market. The company expects domestic sales to grow by 8-10 per cent in FY27, along with a similar volume growth for exports, amid geopolitical uncertainties, Hyundai Motor India Ltd (HMIL) Managing Director & CEO Tarun Garg told reporters in an earnings call.

News Source:- https://economictimes.indiatimes.com/industry/auto/auto-news/hyundai-motor-india-lines-up-rs-7500-cr-capex-for-fy27-eyes-to-reclaim-no-2-spot/articleshow/130960395.cms