1. Hyundai to Invest $15.5 Billion in India to Expand Production and R&D

Hyundai to Invest $15.5 Billion in India to Expand Production and R&D

Business

  • Hyundai Motor Group announced a $15.5 billion investment in India from 2026 through 2032 to expand production and research and development.
  • The investment includes approximately $700 million for a new R&D centre, featuring a vehicle testing track for future.
  • The investment includes about $700 million for a new R&D centre with a vehicle testing track.
  • India’s passenger vehicle sales reached a record 4.64 million units in FY26, with exports of 9,05,000.

Source: firstpost.com

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