It is nearly 20 years since India saw a carmaker getting listed on the stock exchange, and this time, it is a South Korean automaker Hyundai Motor India.

The automaker aims to raise upto INR 278 billion by offloading 17.5 percent stake at a price band in the range of INR 1,865 to INR 1,960 per share.

The issue will be available for subscription between 15 October to 17 October, 2024.

This will also make it the largest IPO (Initial Public Offering) in India till date, surpassing Life Insurance Corporation of India’s INR 210 billion IPO that debuted in May 2022; and the biggest IPO listing for 2024 in the world.

Hyundai Motor India, will become the latest automaker in India to debut on the stock exchange, after Maruti Suzuki India’s debut in 2003.

What’s interesting to note is that the funds raised by the company’s parent company Hyundai Motor Group, which then is expected to re-invest the funds in the company, but the exact quantum and timeline has yet to be clarified.

The IPO comes at a time when the Indian stock market is seeing huge traction with lot many new companies entering the foray. Hyundai Motor Group sees India as a huge growth market, that not only contributes to 6 percent of the company’s global revenues but also acts as a leading exporter for the Asian market.

The company has company a long way since it first introduced the Santro hatchback in 1998 and has made a prominent name for itself as the second largest car maker in India for over two decades, and the largest passenger vehicle exporter.

In FY2024, the company reported wholesales of 777,876 units, which marks 13 percent CAGR growth over FY2022 and FY2023; similarly, the average selling price has increased from INR 666,455 to INR 771,840; FY2024 revenue growth of 47 percent over FY2022 and net income growing from INR 29,016 million to INR 60,600 million in FY2024 respectively.

Hyundai Motor India aims to deploy the new funds (potential investment from Hyundai Motor Group) towards building new products, investment in new technologies and R&D in the country.

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Maruti Suzuki India Limited recorded its highest-ever annual production volume, reaching 2.34 million units during fiscal year 2025-26. This achievement establishes the automaker as the only original equipment manufacturer in India to attain such a production milestone for passenger vehicles. Furthermore, among all of Suzuki Motor Corporation’s global automobile manufacturing facilities, Maruti Suzuki stands alone in reaching this landmark volume.

The company currently operates four manufacturing plants located in Gurugram, Manesar, Kharkhoda in Haryana and Hansalpur in Gujarat, with a combined installed annual capacity of 2.40 million units. In March 2026, as part of its capacity expansion strategy, Maruti Suzuki identified land for a fifth manufacturing facility at the Khoraj Industrial Estate in Sanand, Gujarat. Once fully operational, this new plant is expected to add an annual production capacity of one million units. The most produced models during the year included the Dzire, Fronx, Swift, Ertiga and Baleno, each surpassing the 200,000-unit mark.

The company manufactures 17 models with over 650 variants to meet both domestic and export market requirements. This record production volume underscores Maruti Suzuki’s dominant position in India’s passenger vehicle segment and its unique standing within the global Suzuki manufacturing network.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “This is a proud moment for us, as very few companies across the world have been able to manufacture such large volumes in a single country. At Maruti Suzuki, we have always believed in offering products and technologies that complement the evolving needs and aspirations of our customers, earning their trust, generation after generation. This achievement is the outcome of a carefully nurtured automobile ecosystem built over four and a half decades. At its foundation lies the mutual trust and longstanding collaboration that we share with our employees, vendor and dealer partners. This ecosystem supported by the current government’s policy environment, like the rollout of GST 2.0, strengthened market confidence and stimulated demand at a critical time allowing us to manufacture record-high units.”

He added, “Our parent company, Suzuki Motor Corporation’s strong belief in India’s growth story, along with an increased focus on developing India as an export hub, is enabling us to further expand our production capacity. We aim to scale it to about four million units per annum.”

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Nissan Motor India (NMIPL), in partnership with Vibrant Nissan, reached a significant sales milestone by delivering 100 units of the all-new Nissan Gravite in a single day in Hyderabad.

The mass delivery event, held at Le Palais Royal Crown Villa Garden on 22 April 2026, the company said, highlights the strong market reception for the Gravite following its recent entry into the mid-size SUV segment.

The Nissan Gravite is positioned as a versatile family vehicle, featuring a bold design language and a focus on cabin flexibility. The successful delivery of 100 units underscores rising customer confidence in Nissan's refreshed product portfolio, which is currently anchored by the long-standing success of the Nissan Magnite and now bolstered by the Gravite's premium features and safety package.

With an expanding dealer network and a renewed focus on the Indian market, Nissan is entering a new phase of growth. The Gravite's performance in high-potential markets like Hyderabad is seen as a key indicator of the brand's ability to compete in the highly contested SUV categories.

"The 100 Gravite delivery milestone reflects growing demand for Nissan Motor India and rising customer confidence in the all-new Nissan Gravite. Backed by the Gravite’s bold design, spacious and flexible cabin, strong safety package, Nissan’s expanding network and the continued strong run of the Nissan Magnite, the company is entering a new phase of growth in India," said the company in a statement.

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US-based electric vehicle maker Tesla India has launched the Model Y L, an all-new 6-seater SUV, at the Ballard Pier Downtown Experience Centre in Mumbai at prices starting INR 6.19 million.

Positioned as a versatile family vehicle, the Model Y L features an extended wheelbase and a three-row configuration. Online orders are open as of 22 April 2026, with the first deliveries scheduled to commence in June 2026.

The Model Y L is designed to maximise utility, offering a unique 2+2+2 seating layout.

• Second Row: Features individual captain seats with powered armrests, one-touch folding, ventilation and heating.
• Third Row: Equipped with power recline, one-touch folding and dedicated vented climate control.
• Cargo Space: Provides a massive storage capacity of up to 2,539 litres with seats folded.

The Model Y L is integrated into the broader Model Y lineup, offering a balance of range and acceleration. The Premium RWD (5-seater) with 500km range came at INR 5.98 million, L Premium AWD (6-seater) at INR 6.19 million and the Premium LR RWD (5-seater) at INR 6.78 million.

The EV features a refined chassis with adaptive suspension and electronic damping to filter road vibrations. For a premium cabin experience, it includes acoustic glass and an 18-speaker immersive Tesla Audio system.

Furthermore, as part of its focus on driving adoption of the green vehicles, Tesla continues to build its ecosystem in India to support new and existing owners:

At present, Tesla operates 5 Supercharger stations (20 Superchargers) and plans to add 7 more along major highways connecting Delhi, Mumbai, Bengaluru and other key cities.

Existing service centres in Mumbai, Gurugram, Delhi and Pune are being augmented this quarter with new locations in Bengaluru, Hyderabad, Chennai and Ahmedabad.

The Model Y L will be available for public viewing from 23 April 2026 at Tesla locations in BKC (Mumbai), Aerocity (Delhi) and Orchid Business Park (Gurugram).

Monthly financing for the Model Y L starts at INR 49,000, and the EV supports the full suite of Tesla connected features, including live traffic visualisation and integrated streaming services like Spotify and Netflix.

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Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has marked Earth Day 2026 by providing an update on its progress toward the Toyota Environmental Challenge 2050.

The company has reported significant milestones in manufacturing decarbonisation, water stewardship, and logistics efficiency, aiming to achieve carbon-neutral manufacturing operations by 2035.

Toyota Kirloskar Motor has focused on eliminating its environmental footprint across its production and supply chain through several key initiatives:

Renewable Energy: For the 5th consecutive year, Toyota Kirloskar Motor’s manufacturing facilities have utilised 100 percent renewable grid electricity, effectively eliminating all Scope 2 emissions.

Logistics Decarbonisation: The company has shifted 24 percent of its vehicle logistics to rail transport, reducing emissions per vehicle from 185 kg to 175 kg. Additionally, the pilot of electric trucks for short-distance transport has resulted in an annual reduction of approximately 950 CO2 emission.

Water & Waste Management: Approximately 89 percent of water requirements are currently met through recycling and rainwater harvesting. The company also maintains a Zero Waste-to-Landfill status, with a recycling rate of over 96 percent.

Aligned with India’s energy landscape, Toyota Kirloskar Motor is pursuing a multi-pathway approach to clean mobility. This includes active pilot projects for Hydrogen Fuel Cell Electric Vehicles (FCEV) and Electrified Flex-Fuel Vehicles (FFV-SHEV) to reduce dependence on energy imports and leverage domestic resources.

On-site, TKM’s Green Wave Project has successfully sequestered 8,118 CO2-emission through afforestation, supporting over 650 plant species. The company's Ecozone, a 25-acre experiential learning centre, has trained over 62,000 students to date, fostering environmental awareness in the next generation.

B Padmanabha, Executive Vice-President of Manufacturing, Toyota Kirloskar Motor, said, “On Earth Day 2026, Toyota Kirloskar Motor proudly reinforces its commitment to ‘Our Power, Our Planet,’ advancing a carbon‑neutral future by embedding sustainability into every aspect of our products, operations, and partnerships. Since 2021, our manufacturing facilities have been powered entirely by renewable grid electricity, eliminating Scope 2 emissions for five consecutive years and demonstrating that industrial growth and environmental responsibility can go hand in hand.”

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