The two discussed India's mobility industry future and potential cooperation at Modi's official residence in Delhi, the Korean automaker said Wednesday.
Chung expressed Hyundai's commitment to supporting Modi's eco-friendly mobility policies, which aim to increase electric vehicles to 30 percent of all cars in the nation by 2030.
"We will continue our cooperation with the Indian government to establish an EV ecosystem through the release of EV models, construction of charging networks and localization of parts," he said.
"As India and Korea deepen economic collaboration, we can learn much from each other's cultures and strengthen the foundations of our cooperation," he said.
On Tuesday, Hyundai Motor India raised $3.3 billion in its initial public offering, marking the largest offering in Indian stock market history.
Since entering India in 1996, Hyundai Motor has become a leading mobility company in the country.
The conglomerate operates factories in Chennai and its affiliate Kia's plant in Anantapur, with a third Hyundai factory under construction in Pune, scheduled for completion in the second half of 2025.
Chung invited Modi to the Pune plant's inauguration ceremony.
