# Global auto once fled India; but some MNCs are now changing the script

> Stellantis, Hyundai and Suzuki commit billions to India as domestic rivals gain market share.
- Title: Global auto once fled India; but some MNCs are now changing…
- Summary: Stellantis, Hyundai and Suzuki commit billions to India as domestic rivals gain market share. Stellantis, Hyundai and Suzuki are investing billions in India…
- Keywords: stellantis, hyundai, suzuki, tata motors, mahindra mahindra, maruti suzuki, india, auto investments, market share, passenger vehicle, news, Global
- Source: mint — https://livemint.com/companies/news/suzuki-hyundai-stellantis-india-investments-11792062860055.html
- Author: Ayaan Kartik
- Published: 2026-10-16T00:30:55+00:00
- Read time: 1 min
- Topics: stellantis, hyundai, suzuki, tata motors, mahindra mahindra, maruti suzuki, india, auto investments, market share, passenger vehicle, news
## Global auto once fled India
Global automakers previously withdrew from India but now reverse their stance with major investments.
## Stellantis commits ₹4,000 crore
Stellantis NV announced an additional ₹ 4,000 crore investment over three years to expand in India.
## Hyundai pledges ₹1.48 trillion
Hyundai Motor Group committed about ₹ 1.48 trillion to India over five to seven years for manufacturing and R&D.
## Suzuki plans ₹77,500 crore
Suzuki Motor Corp outlined a ₹ 77,500 crore investment plan in August for expanded production and R&D.
## Market share shifts
Hyundai, Honda and Renault lost market share to Tata Motors and Mahindra & Mahindra over five years.
## Tata Motors gains share
Tata Motors increased its passenger vehicle market share from 7.87% to 13.04% over five years.
## Mahindra & Mahindra gains share
Mahindra & Mahindra rose from 5.35% to 13.42% in passenger vehicle market share over five years.
## Stellantis' product plan
Stellantis plans seven new nameplates and five refreshed models by 2029 with first product in Q2 2027.
## Hyundai's 26 product offensive
Hyundai outlined a 26 product offensive through 2030 to expand in India's market.
## Suzuki's 7 SUVs by 2031
Maruti Suzuki plans seven new SUVs by 2031 to increase production capacity to 4 million vehicles.
## India's market growth
India's passenger vehicle sales reached 4.64 million units in FY26, up 7.9% from previous year.
## Market momentum continues
Passenger vehicle sales grew 28% to 2.63 million units between April and September in FY27.
## Key takeaway

Stellantis, Hyundai and Suzuki are investing billions in India to counter domestic rivals' market share gains.