India's Top Carmakers Plan 2M+ Capacity Boost by 2030

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AuthorAarav Shah | Whalesbook News Team

Overview

Major Indian automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors are significantly expanding production capacity by over 2 million units to 7.5 million by 2030. This aggressive investment anticipates strong market growth and nearly 80 new model launches, aiming to solidify India's position as a global automotive hub.

India's Top Carmakers Plan 2M+ Capacity Boost by 2030

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Auto Giants Rev Up Production Capacity

India's dominant car manufacturers are embarking on a substantial expansion spree, collectively planning to add over 2 million units to their production capacity by 2030. Maruti Suzuki India Ltd, Hyundai Motor India Ltd, Mahindra and Mahindra Ltd, and Tata Motors PV Ltd aim to elevate their combined manufacturing output from 5.4 million vehicles to 7.5 million annually. This strategic move underscores robust confidence in India's automotive sector, poised to remain one of the world's fastest-growing car markets.

Ambitious Product Pipeline Fuels Expansion

The capacity hike is tightly linked to an aggressive product development strategy. Nearly 80 new car models, encompassing new nameplates, facelifts, and upgrades, are slated for market introduction within the decade. This influx of new vehicles is designed to capture greater market share in the world's third-largest automobile market, driven by both domestic consumption and increasing export demand.

Gujarat Becomes Maruti Suzuki's Mega-Hub

Maruti Suzuki India Ltd is consolidating its manufacturing presence in Gujarat, announcing its new passenger vehicle plant in Khoraj will boast an annual capacity of 1 million units. The company is also enhancing its Hansalpur plant and upgrading facilities in Haryana. These initiatives are part of Suzuki Motor Corporation's broader strategy to establish India as its primary global production hub.

Hyundai Motor India Scales Up Operations

Hyundai Motor India Ltd is expanding its operational footprint with investments in new and acquired facilities. Its recently commissioned Talegaon plant in Maharashtra began with a capacity of 170,000 units, expandable to 250,000 by 2028. This growth, combined with its Chennai operations, will push Hyundai's total Indian manufacturing capacity beyond 1 million vehicles annually.

Mahindra and Tata Motors Bolster Production

Mahindra and Mahindra is increasing the capacity of its Chakan plant by 240,000 units and planning a new greenfield manufacturing facility. Tata Motors is also enhancing its production capabilities, with its upcoming Ranipet plant expected to reach 250,000 units per annum. These expansions are critical as both companies vie for stronger market positions.

Focus on Global Export Markets

A significant driver behind these capacity expansions is the ambition to boost exports. Maruti Suzuki and Hyundai Motor India are targeting over 100 export destinations, leveraging India's growing manufacturing prowess. This push aligns with India's strong performance in passenger vehicle exports, which exceeded 863,000 units in 2025 according to SIAM data.

Flexible Manufacturing for Evolving Tech

Automakers are increasingly equipping their production lines with the flexibility to handle both internal combustion engine (ICE) and electric vehicle (EV) models on common platforms. This adaptability is crucial for responding to technological shifts and diverse consumer preferences as the automotive industry evolves.