Hyundai Motor Group announced a $15.5B India investment plan through 2032

Hyundai Motor Group announced plans to invest $15.5 billion in India from 2026 to 2032, including about $700 million for its R&D centre in India (including a vehicle testing track) and funding to increase production capacity at Hyundai and Kia India. The company also said the roadmap includes setting up a vehicle testing facility and establishing a dedicated investment entity, though specific sites and timelines were not detailed in the report.