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South Korean car large Hyundai Motor Co. president & CEO Jose Munoz connected Wednesday (October 15, 2025) said the company's Indian limb volition put ₹45,000 crore by FY30, aiming to marque India its second-largest portion globally.
Addressing investors successful Mumbai successful his archetypal sojourn to the country, Mr. Munoz said Hyundai Motor India Limited (HMIL) has acceptable a people of up to 30% export contribution.
The institution besides aims to summation its revenues by 1.5 times and transverse the ₹1 lakh crore milestone by FY2030 nether its 2030 maturation roadmap.
Under the roadmap, HMIL plans 26 merchandise launches by FY2030, including 7 caller nameplates, marking its introduction into the MPV and off-road SUV segments.
The institution besides aims to rotation retired a locally designed, developed and manufactured dedicated electrical SUV for the Indian marketplace by 2027. The institution volition besides motorboat the luxury conception marque Genesis successful India by 2027.
"Following our landmark IPO past twelvemonth and 30 years of occurrence successful India, present HMIL plans an concern of ₹45,000 crore done FY30 to thrust the adjacent signifier of growth," Mr. Munoz said portion addressing HMIL's first-ever capitalist time successful Mumbai.
Sixty per cent of the concern volition beryllium connected merchandise and R&D, and the remaining 40% connected capableness and upgradation. “Asserting that India is simply a strategical precedence successful Hyundai’s planetary maturation vision,” helium said, “By 2030, HMIL volition beryllium our second-largest portion globally” down North America.
“Currently, India is Hyundai’s third-largest market, accounting for 15% of its planetary sales,” helium added.
In alignment with Prime Minister Narendra Modi's imaginativeness of 'Make successful India', helium said, "We're making India a planetary export hub, targeting up to 30% export contribution."
On HMIL's aboriginal merchandise pipeline, Mr. Munoz said, "Our committedness is broad - 26 merchandise launches, including 7 caller nameplates, India's archetypal locally designed, developed and manufactured dedicated electrical SUV by 2027." Stating that India's fundamentals are strong, Mr. Munoz said the company's strategy is wide for the market.
HMIL Managing Director Unsoo Kim said, “As we illustration this maturation trajectory, we are targeting a gross milestone of ₹1 lakh crore by FY2030, portion sustaining beardown double-digit EBITDA margins.” Most importantly, Mr. Kim said, “We stay profoundly committed to creating semipermanent worth for our shareholders by announcing a steadfast dividend payout guidance of 20% to 40%.” Under its 2030 roadmap, HMIL is eyeing much than tn much than 15% home marketplace share.
The institution is besides aiming for inferior vehicles and eco-friendly powertrain (CNG, EV and Hybrid) publication to scope much than 80% and much than 50%, respectively, by FY30.
"We stay steadfast to augment our beingness successful the high-growth SUV conception driven by robust merchandise strategy and customer-centric approach, thereby targeting much than 80% UV publication by FY2030," HMIL MD & CEO Designate, Tarun Garg, said.
He further said HMIL volition connection a broad scope of powertrain options spanning ICE, CNG, EV and hybrid technologies, with much than 50% of its portfolio powered by cleaner and much sustainable technologies.
In presumption of reach, Mr. Garg said, "By FY30, our income and work web volition widen to 85% of India's districts, with agrarian markets expected to lend 30% of full sales."
