NSE:HYUNDAI management interview: Hyundai India Targets 8-10% Growth In H2; New SUVs, Pune Capacity And Festive Demand To Drive Sales
NDTV Profit, 2026-09-03. Video: https://www.youtube.com/watch?v=omydT1Zy9ZI
- Sales growth outlook: Hyundai achieved nearly 100% year-on-year growth during Onam and 12% to 13% growth from April to August, while targeting 8% to 10% growth in the second half of the fiscal year supported by two new models.
- Capacity and expansion: The automaker has reached a 10-lakh annual capacity—comprising 824,000 units in Chennai and 170,000 units via a third shift in Pune—and plans to roll out 26 models between 2025 and 2030, with 50% of the portfolio being EV, hybrid, or CNG.
- Shift to SUVs: In the ₹6 to ₹8 lakh entry segment, customer preference is shifting from traditional hatchbacks to micro-SUVs like the Exter due to superior space, road visibility, and higher feature availability.
- Tailwinds and headwinds: Key operational tailwinds include new model cycles, expanded capacity at the Pune plant, strong export demand, and the upcoming 8th Pay Commission, while elevated raw material costs and geopolitical stress remain primary headwinds.