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Hyundai inaugurates Pune plant, to invest Rs 11,000 crore

The Talegaon facility has an annual capacity of 1.7 lakh units, which is planned to increase to 3.2 lakh units by 2030.
2 min read•14 Oct '26
Dhruv DhakaDhruv Dhaka
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Hyundai

Hyundai Motor India has inaugurated its manufacturing plant in Talegaon, Pune, marking its first major manufacturing expansion outside Tamil Nadu. The facility currently has an installed annual production capacity of 1.7 lakh units, which is planned to increase to 3.2 lakh units by 2030. Managing director and CEO Tarun Garg announced that the company will invest Rs 11,000 crore in phases at the plant.

Hyundai Pune plant: Capacity and investment

Maharashtra Chief Minister Devendra Fadnavis inaugurated the plant on October 14, 2026. Hyundai Motor Group executive chair Euisun Chung and Hyundai Motor Company president and CEO Jose Munoz were also present.

Garg said, “We will invest INR 11,000 crore in phases at this facility. Beyond expanding manufacturing capacity, the facility will drive industrial development, innovation and employment generation in the region.”

The expansion will take Hyundai Motor India’s combined annual production capacity at its Pune and Chennai plants to nearly 11.4 lakh units by 2030, according to the company. The Pune facility also has an engine shop with an annual capacity of 1.5 lakh units.

The plant uses Hyundai’s E-FOREST digital factory platform, with AI-based quality checks, predictive maintenance, digital simulations and augmented reality-based worker training. Its production lines can support multiple internal combustion engine and hybrid models.

Hyundai Venue to be made at Pune plant

Hyundai inaugurates Pune plant, to invest Rs 11,000 crore

The Hyundai Venue will be manufactured exclusively at the Pune plant and exported to global markets. Hyundai plans to expand exports of the model to more than 35 countries.

The inauguration coincided with Hyundai Motor India marking cumulative exports of 40 lakh passenger vehicles since 1999 and domestic sales of nearly 1 crore passenger vehicles over its 30 years in India.

Chung said, “India remains one of Hyundai's most important and strategic markets globally.” He added that the Pune plant reflected the group’s long-term commitment to India and that the export milestone highlighted the role of Indian manufacturing in its global operations.

Hyundai said 55 Tier-1 suppliers have invested nearly Rs 4,600 crore in Maharashtra. Nearly half of its supplier network is located within 50km of the plant. The combined Tier-1 and Tier-2 supplier network has generated more than 18,000 employment opportunities in the state, according to the company.

Hyundai also cited nearly 40 ongoing research projects with seven Indian academic institutions, covering battery technology, electrification and future mobility.

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