← Latest news 
Hyundai to invest Rs 7500 crore by FY27 to chase back India No 2 spot
Automobile
Published on 8 May 2026
A mass-market electric SUV is set to drive
Hyundai Motor India is planning Rs 7,500 crore in capex by FY27, targeting a comeback to reclaim the No 2 spot in India’s passenger vehicle market. The company expects 8-10% growth in domestic sales and exports and will launch two new models this year, including a mass-segment electric SUV aimed at boosting scale and competitiveness.
- Hyundai Motor India eyes Rs 7,500 crore capex by FY27
- Goal is to regain the No 2 ranking in domestic passenger vehicles
- Two new launches are planned, including a mass-segment electric SUV
- Domestic and export growth target is 8-10%
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times