Hyundai inaugurates Pune plant, to invest Rs 11,000 crore

Hyundai Motor India has inaugurated its manufacturing plant in Talegaon, Pune, marking its first major manufacturing expansion outside Tamil Nadu. The facility currently has an installed annual production capacity of 1.7 lakh units, which is planned to increase to 3.2 lakh units by 2030. Managing director and CEO Tarun Garg announced that the company will invest Rs 11,000 crore in phases at the plant.