Hyundai Mobis, Hyundai Motor Group’s car parts subsidiary, said Monday it opened a large-scale R&D center for automotive software in India as a strategic expansion to the burgeoning mobility market.
This facility, newly built in Hyderabad, Telangana, known as India’s Silicon Valley, integrates the company’s two existing research centers in the country, originally established in 2007 and 2020, to maximize synergies to venture into the automotive software industry.
According to the company, the Indian automotive market shows promising growth by ranking third globally at about 5.2 million units last year and is expected to grow to approximately 6.2 million units annually by 2028. Notably, India is shifting from a market that had been focused on compact cars to SUVs and electric vehicles, integrating new Level 2 autonomous driving features such as large displays and advanced driver assistance systems.
Hyundai Mobis plans to advance the Indian center as a global software hub, offering software-defined vehicle solutions for automakers. This aligns with the company’s initiative of developing an integrated hardware and software platform for SDVs, which facilitates flexible, customized systems for global clients by reducing their development costs and enhancing R&D efficiency.
In addition, the company will expand the facility’s participation in its software R&D by increasing its involvement from the early stages of new product launches, developing local vehicle software and achieving production efficiency through artificial intelligence.
“The Indian research center is a facility where innovative R&D initiatives take place, capitalizing on a large software developer pool,” stated Lee Jong-keun, head of Hyundai Mobis Technical Center of India. “With nearly two decades of experience in developing mass-produced vehicles, we will promote software advancement and contribute to enhancing product competitiveness.”
Meanwhile, Hyundai Motor Company and Kia are also expanding their operations in India. Following Hyundai’s record-breaking public offering of $3.3 billion in India last year, Hyundai Motor Company CEO Jose Munoz recently held a town hall meeting at Hyundai Motor India. He highlighted the Indian unit’s position as the country’s second-largest auto manufacturer and noted India as Hyundai’s third-largest market globally. Earlier this year, Kia launched the Syros, its fifth SUV model in India, contributing to a surge in sales of 25,525 units in March.
hyejin2@heraldcorp.com
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