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The Economic Times
The Economic Times
Business

Hyundai Motor to plug $15.5 billion in India's automotive sector

Hyundai India Euisun Chung Hyundai Motor Group Narendra Modi ji

Hyundai Motor Group announced a $15.5 billion commitment towards a seven-year comprehensive investment strategy for India on Tuesday.

The investment, set to be made between 2026 and 2032, spans manufacturing expansion, development of research and development (R&D) infrastructure, local supplier cultivation for parts localization and future technology innovation.

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