Project News Detail
| Project No : | 205768 |
|---|---|
| Project Title : | Hyundai Motor begins engine production at Talegaon plant |
| Company Name : | Hyundai Motor India Ltd |
| Project Detail : | Hyundai Motor India (HMIL) has commenced production of passenger vehicle engines at its Talegaon manufacturing facility in Maharashtra, marking a key milestone in its expansion strategy. The plant, located at Plot No. A-16, MIDC, Talegaon Industrial Area, Phase-II Expansion, Tehsil-Maval, district Pune, was acquired from General Motors in 2023. In a regulatory filing, HMIL stated, "The Company has successfully commenced production of Passenger Vehicle Engines at its Manufacturing Facility ‘Talegaon Plant’... with effect from today." The Talegaon unit currently has an installed annual production capacity of 1,30,000 units. Hyundai’s acquisition and operationalisation of the plant are part of its broader plan to strengthen local manufacturing, enhance supply chain efficiency. In 2023, Hyundai signed MoUs with Tamil Nadu and Maharashtra governments, committing to invest Rs 32,000 crore to expand its manufacturing footprint in India. |
| Project Location : | Pune - Maharashtra - India |
| Project Estimation : | Refer Document |
| Status : | Announced |