Hyundai Motor India has unveiled an ambitious five-year growth strategy designed to strengthen its position in the Indian automotive market through substantial investments and an extensive product portfolio expansion.

Growth Targets and Market Positioning

The company has set aggressive targets for the next five years, aiming to achieve over 7% compound annual growth rate (CAGR) while targeting a 15% market share in India's competitive automotive sector.

Investment and Product Development Strategy

The growth plan is backed by a significant financial commitment of INR 45,000 crore, which will be deployed across various aspects of business expansion and product development. This substantial investment underscores the company's confidence in the Indian market's potential and its commitment to long-term growth.

Comprehensive Product Portfolio Expansion

A key component of the strategy involves launching 26 new products over the five-year period. The product lineup will span multiple powertrain technologies to cater to diverse consumer preferences:

Technology Diversification

• Hybrid Vehicles: Addressing the growing demand for fuel-efficient alternatives
• Electric Vehicles (EVs): Capitalizing on India's transition toward electrification
• CNG Models: Catering to cost-conscious consumers seeking alternative fuel options

Market Strategy and Future Outlook

The comprehensive approach reflects Hyundai Motor India's strategy to address various market segments simultaneously, from traditional internal combustion engines to next-generation electric and hybrid technologies. The planned product launches across hybrid, EV, and CNG categories demonstrate the company's commitment to offering diverse mobility solutions aligned with India's evolving automotive preferences and regulatory environment.

This strategic roadmap positions the company to leverage multiple growth drivers while building a robust foundation for sustained market expansion in India's dynamic automotive sector.

Hyundai Motor India Limited has announced changes to its authorized officials list for regulatory disclosures, updating stock exchanges on February 02, 2025, regarding compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Authorization and Regulatory Compliance

The company's Board of Directors, in its meeting held on February 02, 2025, has specifically authorized Managing Director & CEO Tarun Garg (DIN: 00045669) to assess the materiality of events or information and make required disclosures to stock exchanges under Regulation 30 of SEBI LODR. This disclosure supersedes the company's previous intimation provided on December 19, 2024.

Authorized Officials for Market Disclosures

The company has designated three senior officials who are severally authorized to assess materiality and make regulatory disclosures:

Corporate Communication Details

The company maintains its corporate office at Plot No. C-11&11A, City Centre, Urban Estate, Gurgaon III, Sector 29, Gurugram, Haryana – 122001. For compliance-related communications, the designated contact is through phone at +91 44 6710 2035 and email at complianceofficer@hmi.net .

Regulatory Framework and Transparency

This authorization ensures compliance with Regulation 30(5) of SEBI LODR, which mandates proper authorization for materiality assessment and timely disclosures to stock exchanges. The company has also uploaded this information on its official website at https://www.hyundai.com/in/en , maintaining transparency with stakeholders and ensuring regulatory compliance across all communication channels.