2 New Launches This Yr, Capacity Expansion & Export Focus | Tarun Garg, MD, Hyundai India | SIAM '26

Tarun Garg, COO, Hyundai Motor India, speaks to Autocar India at the SIAM Annual Convention on the outlook for the festive season, capacity expansion, and the company's EV and export strategy. Key topics covered: Onam retail growth of nearly 100% YoY and festive season outlook Pune plant third shift preponed to October 1, lifting total capacity to 994,000 units, rising to 1,144,000 by 2030 Raw material cost pressures and pricing strategy Exports now at 24-25% of sales, with Hyundai nearing 4 million cumulative exports from India New Venue exports and demand from 28-29 markets Powertrain mix strategy: petrol, CNG, diesel, hybrid and EV Upcoming sub-4m EV, mid-size SUV plans, and the brand's 26-model roadmap for India