The current annual installed capacity of the Pune facility is 170,000 units.
Hyundai Motor India Limited (HMIL) on Wednesday inaugurated its plant in Pune, Maharashtra. The automaker will invest ₹11,000 crore for the expansion of the facility. The current annual installed capacity of the facility is 170,000 units and it is set to be scaled up in phases to 320,000 units by 2030, the automaker announced.
HMIL has also exported four million passenger vehicles from India since 1999. The company said it is the largest cumulative exporter of passenger vehicles from India and the first automaker to reach four million exports.
HMIL has also sold nearly 10 million passenger vehicles in the domestic market.
Also read: All You Need To Know About The Hyundai Bayon's Indian Version
The Pune manufacturing facility incorporates Industry 4.0 technologies, artificial intelligence-enabled production systems, advanced quality management processes and an integrated digital manufacturing ecosystem. The facility has been developed as one of Hyundai Motor Company's most advanced manufacturing plants globally.
The facility was inaugurated by Maharashtra chief minister Devendra Fadnavis, in the presence of Lee Seong-ho, Ambassador of the Republic of Korea to India, Euisun Chung, Executive Chair - HMG, Jaehoon Chang, Vice Chair - HMG, José Muñoz, President & CEO - Hyundai Motor Company and and Tarun Garg, Managing Director & CEO - HMIL.
Apart from this, HMIL is focusing on innovation, research, electrification and talent development to support the advancement of mobility in India.
