Hyundai Motor India has taken a significant step by filing draft papers with SEBI for its initial public offering (IPO), potentially marking it as one of the largest in India's automotive sector. This move aligns with the company's strategy to capitalize on its robust market position and expansive growth in India. Hyundai's decision to go public aims to raise substantial capital, supporting future expansions and innovations. As India's automotive market continues to grow, this IPO is set to attract considerable attention from investors, highlighting Hyundai's confidence in its long-term prospects.