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Hyundai sees automotive demand recovery amid favourable govt policies

For the financial year 2025-26, HMIL projects its domestic growth to align with industry estimates of a low-single digit increase

Hyundai Q4 FY25 results, Hyundai profit decline, Hyundai model launch plan, Hyundai FY30 roadmap, HMIL export strategy, Unsoo Kim Hyundai, Hyundai EV India
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Hyundai plans to commence vehicle production by the third quarter of FY26 at its new Pune facility, which aims to produce over 1 million units annually.

Anjali Singh Mumbai

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Hyundai Motor India (HMIL) anticipates a near-to-mid-term recovery in automotive demand, supported by India’s economic resilience and government policies which were creating favourable ground for the automobile and other consumption-driven sectors amid global uncertainties, the company said in its first annual report since going public.
 
HMIL Managing Director Unsoo Kim acknowledged in the company’s 2024-25 Annual Report -- its first since the company got listed on bourses -- how global disruptions and high base continues to pose challenges for the automotive industry. However, he believes that India’s “forward-looking policies and economic resilience,” including recent repo rate cuts and income tax