OCTOBER 20258HYUNDAI MOTOR INDIA EXPANDS TALEGAON PLANT WITH 11,000 CR PUSHAGNIKUL UNVEILS ADVANCED 3D PRINTING ROCKET FACTORYHyundai Motor India has increased its investment in the Talegaon manufacturing plant in Maharashtra by 57 percent from 7,000 crore to 11,000 crore. This announcement was made today after a discussion between Hyundai MD Unsoo Kim and Maharashtra Chief Minister Devendra Fadnavis, confirming the company's long-term view for the Indian automotive market.The increased investment will support the application of advanced manufacturing technology, including a high Agnikul Cosmos, a prominent private sector space technology company, announced on Monday the opening of a cutting-edge additive manufacturing factory specializing in rocket and aeronautical systems.The facility reduces the cost of building for space by 50% while introducing a completely integrated ecosystem that covers design, simulation, printing, post-processing, and finishing improving quality, reliability, and supply chain resilience. tech seventh-generation painting facility, increased automation and improvements in infrastructure to be fully prepared for EV production. Previously, Hyundai purchased the Talegaon plant from General Motors, which manufactures engines, with a capacity of 150,000 units annually.Production at the Talegaon unit, will begin at 170,000 vehicles annually, before ramping up to 250,000 vehicles. Once producing at full capacity, along with the existing Chennai plant capacity of 824,000 units annually, Hyundai's total installed capacity in India will reach 1,074,000 units annually by 2028.Hyundai intends to launch 26 new models through FY2030, including six electric vehicles, 20 internal combustion engine models, and hybrid models. The strategy indicates a balanced approach to common and future mobility options.Hyundai's expansion in Talegaon will create approximately 7,600 direct and indirect job opportunities, demonstrating India's growing contributions to Hyundai's global strategy and highlighting Maharashtra's growing importance in the manufacturing of automotive vehicles and EVs. The facility also makes it possible to 3D print rocket and aerospace parts up to one meter in height for the first time in India. Agnikul can now deliver fully finished, flight-ready hardware in a few days, greatly speeding up development schedules and expanding the capabilities of 3D printing by enabling the production of parts that were previously thought to be challenging for additive manufacturing."Agnikul was started with the goal of making space available to everyone. One way to do that is to build capability that allows us to advance rocket manufacturing with precision while also focusing on quality products ," said Srinath Ravichandran, co-founder and chief executive officer of Agnikul Cosmos."By developing not just printing capacity but also full-scale machines in-house, we are equipping ourselves to build space transportation systems faster, bringing us one step closer to taking Agnikul's innovations & our customers to space."An indigenously built and produced de-powdering machine, a crucial post-processing technology that guarantees perfect surface finish and space-grade quality on additively created parts, complements the printing capability. The machine, which was designed and developed internally, guarantees consistent quality with operational efficiency and minimizes reliance on outside sources. TOP STORIESTOP STORIESTOP STORIES
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