Hyundai Motor Company has unveiled an ambitious five-year plan for India, marking its biggest bet on the country. According to Jose Munoz, President and Global CEO, the company plans to invest ₹45,000 crore and launch 26 new cars, as part of its roadmap to 2030.

Munoz, while speaking exclusively to CNBC-TV18, emphasised Hyundai’s goal of “full localisation” and not just in manufacturing, but also in research and engineering.

Of the ₹45,000 crore investment, around 60% will go into product development and R&D, while the remaining 40% will be used for capacity expansion and factory upgrades.

The company plans to hire more Indian engineers and strengthen its R&D capabilities to develop products designed in India for both domestic and global markets.

“We need Indian speed, imagination, and

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