Jose Munoz, the first foreign chief executive officer (CEO) of Hyundai Motor Company, visited India for the first time since taking office. Munoz emphasized India's role in the production and sales of electric vehicles.
On the 4th (local time), Munoz held a town hall meeting with local employees at Hyundai Motor India Limited (HMIL) in Gurgaon, Haryana. The purpose is to share Hyundai's global vision and growth strategy in India and to communicate directly.
Munoz noted, "HMIL is the second-largest complete vehicle manufacturer in India, and India is the third-largest market for Hyundai's global operations." He added, "Through HMIL's initial public offering last year, Hyundai has acquired not only new products in India but also additional production capacity."
He stated, "With the 30th anniversary of HMIL's establishment in 2026, I am confident that Hyundai will set new records and standards in India through continuous investments in electric vehicles, advanced technology, and a customer-first approach."
Munoz emphasized the role of HMIL in achieving the company's goal of selling 2 million electric vehicles in the global market by 2030. He remarked, "HMIL is committed to more easily meeting the demands of Indian consumers and making suitable electric vehicles," and added, "Hyundai will actively support HMIL in expanding electric vehicle services and investing in necessary infrastructure."
Regarding the new Pune Plant 3, which is being constructed after the acquisition from General Motors (GM), he stated, "It will not only help meet domestic demand but also contribute to positioning as a global manufacturing hub." Currently, Hyundai operates Plants 1 and 2 in Chennai, India, and is building Plant 3 (Talegaon Plant) in the Pune area.
He expressed his intention to cooperate with the Indian government's policies. Munoz added, "We will actively contribute to the Indian government's 'Viksit Bharat (Developed India) 2047' vision through quality management based on a customer-centered philosophy."