Archive · Business Recorder
Hyundai Motor India to invest $1.16 billion to expand capacity at Pune city plant
Hyundai Motor India plans to invest 110 billion rupees ($1.16 billion) in its Pune city plant to scale up the facility’s annual production capacity by nearly 90% by 2030, the automaker said on Wednesday. The move comes a day after parent Hyundai Motor Group said it would invest $15.5 billion in India through 2032, positioning the world’s third-largest car market as a key growth market. India is drawing billions of dollars in commitments from global automakers eager to capture rising consumer demand and strengthen their manufacturing footprints. Hyundai Motor India to raise car prices by up to ...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →