Hwashin and Seoyon E-Hwa Propose Rs 1,370 Crore for Tamil Nadu
The two South Korean Hyundai suppliers handed letters of intent to Tamil Nadu Industries Minister S Keerthana on November 11, 2026.
Key Takeaways
- Hwashin and Seoyon E-Hwa have proposed Rs 1,370 crore of investments in Tamil Nadu over the next five years.
- Hwashin plans about Rs 850 crore and Seoyon E-Hwa plans Rs 520 crore.
- Both companies are South Korean auto component makers that supply Hyundai.
- Hwashin has operated at SIPCOT Irungattukottai since 2002; Seoyon E-Hwa operates in Kanchipuram and Chengalpattu districts.
- The letters of intent were handed to Industries Minister S Keerthana on November 11, 2026.
Table of Contents 5 sections
Hwashin Automotive India and Seoyon E-Hwa Summit Automotive India, two South Korean auto component makers that supply Hyundai, have proposed investments totalling Rs 1,370 crore in Tamil Nadu over the next five years. The two companies handed letters of intent to Tamil Nadu Industries Minister S Keerthana at the Secretariat in Chennai on Wednesday, November 11, 2026.
Hwashin has proposed to invest about Rs 850 crore over the next five years, and Seoyon E-Hwa Summit Automotive has proposed Rs 520 crore. Both companies already run plants in the state.
Hwashin and Seoyon's Tamil Nadu plans at a glance
| Detail | Value |
|---|---|
| Companies | Hwashin Automotive India Private Limited and Seoyon E-Hwa Summit Automotive India Private Limited |
| Home country | South Korea |
| Combined proposed investment | Rs 1,370 crore over the next five years |
| Hwashin's proposal | About Rs 850 crore over the next five years |
| Seoyon E-Hwa's proposal | Rs 520 crore |
| Hwashin's plant | SIPCOT Industrial Park, Irungattukottai, Kanchipuram district |
| Seoyon E-Hwa's operations | Kanchipuram and Chengalpattu districts |
| Form | Letters of intent handed to Industries Minister S Keerthana |
| Date | November 11, 2026 |
Hwashin has made auto parts in Tamil Nadu since 2002
Hwashin Automotive India has been operating in Tamil Nadu since 2002 from its plant at the SIPCOT Industrial Park in Irungattukottai, Kanchipuram district. It supplies auto parts to Hyundai Motor India and other carmakers. According to the Tamil Nadu government, Hwashin's new investment will support research and development, advanced manufacturing technologies, localisation and capacity expansion.
Seoyon E-Hwa Summit Automotive India also supplies parts to Hyundai and other carmakers, and operates in Kanchipuram and Chengalpattu districts. According to the Tamil Nadu government, its Rs 520 crore will go into technology upgrades, modernisation of its manufacturing facilities and new business development. The proposals come after recent media reports about Hwashin, Seoyon and a third Hyundai supplier, Iwamet, shifting planned manufacturing investments from Tamil Nadu to Andhra Pradesh.
| When | What happened |
|---|---|
| 2002 | Hwashin starts operating in Tamil Nadu from SIPCOT Irungattukottai |
| November 11, 2026 | Hwashin and Seoyon E-Hwa hand letters of intent for Rs 1,370 crore of investments to the Tamil Nadu government |
Minister S Keerthana on the Rs 1,370 crore proposals
"Investors make their decisions based on the strength of an ecosystem, the quality of its institutions and the confidence they have in its future. The proposed investments of Rs 1,370 crore by Hwashin and Seoyon are a strong reaffirmation of the trust that global manufacturers continue to place in Tamil Nadu."
Where Hwashin and Seoyon stand after the new proposals
Hwashin's about Rs 850 crore and Seoyon E-Hwa's Rs 520 crore add up to Rs 1,370 crore of proposed investment in Tamil Nadu over the next five years. Hwashin operates at SIPCOT Irungattukottai in Kanchipuram district, and Seoyon E-Hwa operates in Kanchipuram and Chengalpattu districts, with both supplying Hyundai and other carmakers.
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