'Hyundai Motor Project Gives ₹15,000-Crore Boost To Maharashtra': Minister Uday Samant Hits Back At Opposition

Mumbai, October 14, 2026: Industries and Marathi Language Minister Uday Samant dismissed Opposition claims that Maharashtra was losing its industrial momentum with the inauguration of the Hyundai Motor project, which represents a significant ₹15,000-crore investment. Speaking at the event, Samant highlighted the project as a milestone in the state’s industrial development and job creation efforts.

Chief Minister Devendra Fadnavis inaugurated the modern plant in Talod (Talegaon, Pune district), praising the state’s ability to attract major investments. The minister noted that the agreement signed with Hyundai in Davos in 2024 had been transformed from a mere memorandum of understanding (MoU) into a tangible industrial project.

The Hyundai project, Samant explained, has resulted in over 6,000 direct jobs and local procurement of 83%, demonstrating the state’s industrial capabilities. Additionally, the project will see Hyundai vehicles manufactured in 35 countries, boosting Maharashtra’s position as an international manufacturing hub.

The minister emphasized that the Hyundai project was a response to allegations that new industries were not coming to Maharashtra, underlining the government’s commitment to creating a business-friendly environment. Samant stated that the government focused on translating investment commitments into actual projects on the ground, rather than merely signing MoUs.

The minister called on the Opposition to focus on the concrete benefits of the project, such as employment generation and economic growth, rather than engaging in what he termed negative political campaigning. He expressed confidence in Maharashtra’s industrial growth prospects and the government’s efforts to continue attracting investment and expanding employment opportunities.