Business EconomyPosted at: Nov 4 2025 7:27PM


Hyundai India planning 1.5 times revenue growth by 2030: MD

New Delhi, Nov 4 (UNI) Passenger car manufacturer Hyundai Motor India Limited is aiming for 1.5 times revenue growth by the 2030 fiscal, a top company official said today.
Speaking at the launch of all-new Hyundai VENUE and Hyundai VENUE N Line here, company's Managing Director Unsoo Kim said the company has plans to launch 26 new products.
"Our commitment to India runs deep. We have recently announced an investment of over INR 45,000 crores by FY 2030, reaffirming our long-term vision for this vibrant market," said Kim.
The all-new Hyundai VENUE marks the beginning of an exciting new chapter and it is the first product to roll out from our state-of-the-art Pune manufacturing plant and the first among the 26 products the company plans to introduce by 2030.
"We are targeting 1.5 times revenue growth and 20-40 per cent dividend payout by 2030. The launch represents a significant milestone in our journey of automotive excellence," he said.
Kim stressed the growth of the Sports Utility Vehicles(SUV) and Multi-Utility Vehicle(MUV) segments in India, saying that by 2030, 82 pc of HMIL car sales will comprise SUVs and MUVs, with half of them being eco-friendly cars. The SUV segment has seen a sharp growth in India, with its share in India's automobile market rising from 17 per cent in 2017 to 52 per cent in 2024.
Kim stressed Hyundai's commitment to social development in India, saying, "Since the inception of our company 29 years ago to now, we have been able to positively impact 12 million lives in the country."
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