Hyundai paid Rs 787.2 crore to GM for Talegaon plant; Expects to start operations in H2 of FY26

Once the Talegaon facility is partly operational, Hyundai India’s total annual production capacity in India will increase to 9,94,000 units per year from the current capacity of 8,24,000 units.

Hyundai Motor India paid Rs 787.2 crore to General Motors (GM) to acquire its Talegaon plant in Maharashtra, the company said in its draft red herring prospectus (DRHP) for the IPO. The South Korean car maker now expects to…
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Source: https://www.autocarpro.in/news/hyundai-paid-rs-787-crore-to-gm-for-talegaon-plant-expects-to-start-operations-in-h2-of-fy26-121027?amp=1