Hyundai Motor India has confirmed plans to launch two all-new SUVs in the country during FY27. The announcement was made as part of the company’s financial results for FY2025-26, where Hyundai also outlined its future growth and expansion plans for the Indian market.One of the upcoming models will be a new mid-size SUV powered by an internal combustion engine, while the other product will be a compact electric SUV based on a local dedicated EV platform. Hyundai added that the upcoming EV will debut its localized dedicated battery electric vehicle in the compact SUV category. The company has yet to reveal specific names and details.
The company is targeting 8-10% domestic volume growth in FY27, supported by new product launches, network expansion and higher productivity. Hyundai also expects exports to grow by 8 to 10 percent despite global geopolitical uncertainty.Hyundai said it achieved its highest-ever quarterly domestic sales in Q4 FY26, with wholesale volume up 8.7% year-on-year. Rural penetration also reached a record 25 percent during the quarter. The company also reported its highest ever quarterly CNG contribution of 18 percent. Hyundai is also expanding its manufacturing operations in India. The company announced an additional 70,000 units of expansion at its Pune facility following the development of Phase II. This will take Hyundai’s total annual production capacity in India to 1.14 million units by 2030. As part of its future investment roadmap, Hyundai has also planned capital expenditure of around Rs 7,500 crore for FY27 to support product development, manufacturing expansion and overall growth in India.
