Hyundai has one of its busiest product cycles lined up for the next few years, and the company may eventually need another manufacturing base to support it. Hyundai Motor India has already announced 26 launches through FY2030, including new models, full model changes and major updates, while a separate report says the carmaker has begun evaluating locations for another factory.
The possible new plant is still at an early stage. Chhatrapati Sambhaji Nagar in Maharashtra and Sanand in Gujarat are among the locations being considered, but Hyundai has not selected a site or formally approved the project. If it goes ahead, the facility could eventually add around 5 lakh units of annual production capacity, with investment potentially exceeding $2 billion over several phases.
This would be in addition to Hyundai’s already announced Rs 45,000 crore investment programme through FY2030.
Hyundai already operates its long-standing manufacturing base near Chennai and the former General Motors plant at Talegaon in Maharashtra. The Pune facility has given the company more room to grow, and Hyundai has said its combined annual capacity will rise to around 10.74 lakh units by 2028. A further Pune expansion is expected to take total capacity to roughly 11.4 lakh units by 2030.
That sounds substantial, but Hyundai’s product plan is equally large. The company has committed to 26 launches through FY2030. Earlier company disclosures split that programme into 20 internal-combustion models and six EVs, with hybrids also due to join the portfolio.
Importantly, 26 launches does not mean 26 completely new nameplates. The number includes new models, generation changes and product upgrades. Hyundai has separately said seven new nameplates form part of its FY2030 strategy.
The next factory, therefore, is not required for next year. Reports suggest Hyundai expects Chennai and Pune to cover its nearer-term requirements, with another facility becoming relevant closer to 2030 as volumes from new products build.
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SUVs already account for close to 70 percent of Hyundai’s domestic sales. That makes the next phase of product expansion relatively easy to understand. More SUVs are coming, including new models that will fill gaps around the existing Exter, Venue, Creta and Alcazar line-up.
Hyundai has also confirmed that hybrids will become part of its local powertrain strategy. At the same time, the company is expanding its EV range beyond the Creta Electric and Ioniq 5. Hyundai’s global 2026 investor presentation said India will receive a new locally designed electric SUV as well as another ICE-powered midsize SUV.
The production strategy has an export angle too. Hyundai wants around 30 percent of its local output to go overseas by 2030. That means additional factory capacity would not depend only on domestic demand.
The important distinction is that Hyundai’s 26-product programme is confirmed, while the third manufacturing location is not.
Reports indicate that a future plant could be developed in phases over five to seven years and eventually produce midsize SUVs, MPVs and EVs. Hyundai itself has said it does not comment on market speculation and would disclose material developments through official channels.