As stated in its 29th Annual Report (2024-25), Hyundai's growth strategy is based on significant developments in infrastructure, innovation, and sustainability.
The Talegaon plant's initial production capacity is 170,000 units but will grow to 250,000 units by 2028; when added to Chennai's capacity of 824,000 units, combined production capacity across Hyundai's manufacturing facilities is projected to exceed 1 million units.
Gopalakrishnan CS, Whole-time Director & Chief Manufacturing Officer, noted that this landmark reflects Hyundai Motor India's long-term confidence in the Indian automotive sector. At the same time, the company is making substantial progress on its "Software-Defined Factory" vision. Over 2,000 machines are now IIoT-enabled, which provides Hyundai access to over 20 millions of data points annually. Now, the company is exploring new developments such as generative AI, digital twins and 5G, to create a 100% digital manufacturing ecosystem.
Hyundai achieves unparalleled manufacturing flexibility that allows it to roll out 14 models and 450+ variants with tremendous agility. In sustainability, Hyundai reported a 41.8% reduction in Scope I and II emissions, and increased renewable energy use to 88% - again, the company continues to work toward its moon shot of 100% renewable energy by 2025. And it is continuing to focus on digital transformation and acceleration of EVs, while seeing integrated and sustainable growth.
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