Chennai:Hyundai Motor's cumulative vehicle sales in India are projected to exceed 10 million this year, roughly three decades after the South Korean automaker launched local sales.
According to Yonhap News Agency, Hyundai had sold 9.88 million vehicles in India through the third quarter of this year. The company began local production at its Chennai plant in 1998 with the Santro minicar.
Hyundai's cumulative sales in India are anticipated to surpass the 10 million mark by the end of this year. Over the years, the automaker has introduced various models in the Indian market, such as the i10 and i20 hatchbacks, the Verna subcompact, the Creta SUV, the all-electric Creta EV, the Exter SUV, and the Alcazar SUV.
In 2016, Hyundai's annual sales in India exceeded 500,000 units and reached 605,433 units by 2024. Last year, the company sold 398,937 SUVs in India, representing about 70 percent of its total sales in the country.
During its 2026 CEO Investor Day in August, Hyundai Motor Chief Executive Officer Jose Munoz stated the company's goal to increase the SUV share of its sales in India to 80 percent by 2030. Hyundai currently has a combined annual production capacity of 1 million vehicles at its Chennai and Pune plants, with plans to expand this capacity to over 1.1 million by 2030.