Hyundai Motor Group Dedicates Portion of Major Indian Investment to AI
Hyundai Motor Group Vice Chairman Jang Jae-hoon stated that the South Korean automotive conglomerate will direct approximately 20 percent of its $15.5 billion investment in India through 2032 toward artificial intelligence, startups, and emerging ventures. Speaking in Pune after opening a new manufacturing facility, Jang explained that another 60 percent will upgrade existing infrastructure and boost production capacity. Additionally, CEO Jose Munoz announced goals for eco-friendly models to represent half of Indian sales by 2030.
Originally published by Yonhap News Agency | By Kim Eun-jung | 15 October 2026 | Read original: https://en.yna.co.kr/view/AEN20261015006400320
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