Hyundai plans to increase production capacity to 1 million

Hyundai has started working on their long term goal here in India and is now looking at setting up a new plant.

Currently, the South Korean manufacturer is looking at new locations in India and will invest around Rs. 4,500 crores into it. With this plant in place, Hyundai is targeting to achieve 1 million unit production from India.

Hyundai is currently India’s second largest car manufacturer and is now keen on biting into market share from other players. Hyundai wants to gain 1% more...

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