Hyundai To Roll Out First Mass-Market Electric Vehicle In India

11 Jun 2026 CW Team

Hyundai committed to making Tamil Nadu its flagship EV hub for India and said it will enhance localisation across both electric vehicle (EV) and internal combustion engine (ICE) manufacturing operations, aiming to raise localisation from 82 per cent to 90 per cent over the next five to six years. The plan is presented as part of a wider strategy to reduce dependence on imports and to deepen supplier engagement.

The company said it is well-positioned to expand coverage across major cities and highways over the next two to three years, backed by a strategically distributed network of high-capacity chargers across key urban and transit corridors. This infrastructure support is intended to underpin the roll-out of more affordable models and to improve charging accessibility for customers.

Hyundai plans to increase purchasing value from Tamil Nadu-based suppliers by Rs 40 billion (Rs 40 bn), which it expects will create around 2,000 additional jobs in the state over the next five to six years. The company stated these efforts will significantly strengthen domestic manufacturing capabilities and support broader economic activity in the region.

The company said its supplier engagement will include measures to enhance capability and quality, enabling higher local content in both EV and ICE parts. It added that such measures are designed to support long-term competitiveness and to help suppliers scale their operations. The improvement in localisation is intended to coincide with capacity upgrades at the Chennai facility.

By increasing purchases from local suppliers and investing in infrastructure, the firm aims to create a more resilient domestic ecosystem and to make EV ownership more accessible. The roll-out of two new models this year is presented as a tangible step in that direction, anchored by the Chennai hub.

Hyundai Motor India will roll out two new models from its Chennai manufacturing facility this year, including its first mass-market electric vehicle (EV). The company said the move will mark a key step in broadening affordable EV offerings in India and in strengthening its local manufacturing footprint. Hyundai committed to making Tamil Nadu its flagship EV hub for India and said it will enhance localisation across both electric vehicle (EV) and internal combustion engine (ICE) manufacturing operations, aiming to raise localisation from 82 per cent to 90 per cent over the next five to six years. The plan is presented as part of a wider strategy to reduce dependence on imports and to deepen supplier engagement. The company said it is well-positioned to expand coverage across major cities and highways over the next two to three years, backed by a strategically distributed network of high-capacity chargers across key urban and transit corridors. This infrastructure support is intended to underpin the roll-out of more affordable models and to improve charging accessibility for customers. Hyundai plans to increase purchasing value from Tamil Nadu-based suppliers by Rs 40 billion (Rs 40 bn), which it expects will create around 2,000 additional jobs in the state over the next five to six years. The company stated these efforts will significantly strengthen domestic manufacturing capabilities and support broader economic activity in the region. The company said its supplier engagement will include measures to enhance capability and quality, enabling higher local content in both EV and ICE parts. It added that such measures are designed to support long-term competitiveness and to help suppliers scale their operations. The improvement in localisation is intended to coincide with capacity upgrades at the Chennai facility. By increasing purchases from local suppliers and investing in infrastructure, the firm aims to create a more resilient domestic ecosystem and to make EV ownership more accessible. The roll-out of two new models this year is presented as a tangible step in that direction, anchored by the Chennai hub.

Infrastructure Transport

11 Jun 2026

Andhra Cabinet Clears Amaravati Eye Aviation Policy And International University

The Andhra Pradesh Cabinet, chaired by Chief Minister N Chandrababu Naidu, approved a package of initiatives to boost tourism and aviation infrastructure. Ministers cleared the proposed Amaravati Eye, a giant observation wheel modelled on the London Eye to be sited on the banks of the Krishna River that will offer panoramic views of Amaravati and the riverfront. The authority has been directed to invite tenders under a design, build, finance, operate and transfer model for development on six acres. The Cabinet approved the Andhra Pradesh Aviation Policy 2026–31, aimed at transforming the Sta..

Infrastructure Urban

11 Jun 2026

Centre Expands Aviation Relief With Rs 100 Billion ATF Fund

The Union Cabinet approved a Rs 100 billion (Rs 100 bn) aviation turbine fuel price stabilisation fund to support airlines and oil marketing companies. The budgetary support will be provided as an interest-free advance to oil marketing companies to enable supply of aviation turbine fuel at a benchmark price for domestic and international operations. The Rs 100 bn fund will be administered through a tripartite arrangement among the ministries of civil aviation and petroleum and fuel retailers. The mechanism will compensate retailers whenever import parity prices exceed the benchmark and relief ..

Infrastructure Urban

11 Jun 2026

South West Pinnacle Wins Exploration And Drilling Work Orders

South West Pinnacle Exploration (SWPE) said it has won multiple exploration and drilling contracts worth Rs 215.3 mn including GST. The awards comprise a detailed exploration contract from Central Mine Planning and Design Institute Limited (CMPDI), two drilling work orders from Geomysore Services (India) Private Limited (GSIPL) and one work order awarded to its wholly owned subsidiary South West Resources Private Limited (SWRPL). The contracts span coal and gold projects in Chhattisgarh and Andhra Pradesh and cover both reverse circulation and diamond core drilling. CMPDI, which is a wholly ow..