Kia and Hyundai will rule the Indian market! Companies made mega plan to increase production
Outlining the company's strategy for the India market, Hyundai Motor Group (HMG) Executive Chairman Chung Eui-sun said the automaker plans to introduce more EVs while also using the country as an export hub for neighboring countries. Have to do. Apart from this, the annual production capacity of Kia India will also be expanded.
The Weekly Mail Post 
South Korean auto giant Hyundai Motor Group on Thursday said it is looking to expand the annual production capacity of Hyundai and Kia brands in India to 15 lakh units per annum as part of its mid to long term strategy in the country.
This is the future plan of the company
Outlining the company's strategy for the India market, Hyundai Motor Group (HMG) executive chairman Euisun Chung said the automaker plans to introduce more EVs, as well as position the country as an export hub for neighboring countries. Also to be used. Chung visited India on April 23 to review the group's long-term strategy to strengthen its position as a leading mobility provider.
15 lakh vehicles will be made every year
Hyundai Motor Group is expanding its manufacturing footprints in the Indian region with the setting up of a joint 1.5 million vehicle unit annual production system for Hyundai Motor India and Kia India, the automaker said. Hyundai Motor India will start operating its Pune plant, which it bought from General Motors last year, in the second half of next year.
It added that Hyundai Motor is currently improving the facility to create a production center capable of producing more than 200,000 units annually. With the company's Chennai plant having a production capacity of 824,000 units, Hyundai Motor's annual production capacity when combined with the Pune plant will exceed one million units.
Kia India will also increase production
In addition, Kia India's annual production capacity will also be expanded to 431,000 units within the first half of this year. "Overall, Hyundai Motor Group will have the capacity to produce approximately 1.5 million units annually in India," HMG said.
This is the plan regarding EV
The group also plans to expand its EV lineup and build an EV infra to accelerate customer onboarding and expand charging infrastructure. HMG said this will also strengthen its SUV sales leadership in India. Hyundai Motor India plans to unveil its first locally produced EV in India next year.
