Hyundai Motors Starts Passenger Vehicle Engine Production at Talegaon Plant

Hyundai Motor India has commenced engine production for passenger vehicles at its manufacturing unit in Talegaon, Maharashtra. The production began on June 16, 2025, at Plot No. A-16, MIDC Phase-II Expansion, Tehsil Maval, Pune district. 

Vehicle production at the same facility is yet to start, and the company stated that a separate announcement will be made when it begins.

Plant Acquisition and Capacity

The Talegaon plant was previously operated by General Motors, mainly for export purposes. GM halted operations in late 2020 after exiting the Indian market in 2017. Hyundai acquired the plant in 2023 through an asset purchase agreement. The facility has an installed annual capacity of 1.3 lakh vehicles and 1.6 lakh engines. It also includes a training centre, logistics hub, and administrative offices.

Investments and Expansion 

In January 2024, Hyundai signed an MoU with the Maharashtra government during the World Economic Forum at Davos, committing ₹6,000 crore towards development in the state, including this facility. The company has also announced a total investment of ₹32,000 crore across Maharashtra and Tamil Nadu.

The passenger vehicle production at the Talegaon plant is expected to start in the last quarter of 2025. Hyundai plans to gradually expand its annual production capacity to 1.1 million units by 2028. The company has lined up 26 product launches by FY30, including 20 internal combustion engine models and 6 electric vehicles.

Read more: Hyundai Motors Sold 12.7 Mn Units in India Since Foundation on May 6, 1996!

Hyundai Motor India Q4FY25 Results

Hyundai Motor India reported a consolidated net profit of ₹1,614 crore for Q4 FY25, down 4% from ₹1,677 crore in the same quarter last year. Domestic sales during the quarter fell to 1,53,550 units from 1,60,317 units in Q4 FY24. Full-year revenue dropped to ₹69,193 crore from ₹69,829 crore, while net profit declined to ₹5,640 crore from ₹6,060 crore.

Hyundai Motor India Share Price Performance

As of 9:22 AM on June 17, 2025, Hyundai Motor share price was trading at ₹1,960.20, a 1.07% increase; the stock is 0.24% up over the past 6 months but has declined 25.67% over the past year.

Conclusion

Hyundai has initiated engine manufacturing at the Talegaon plant, with passenger vehicle production scheduled for a later phase. The site forms part of the company’s larger manufacturing and investment plans in India.

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