HYUNDAI CELEBRATES 10 YEARS IN INDIA
Hyundai on Wednesday said India would become the hub for allsmall cars the company manufactures and sells globally. It is also exploring the US market for exporting the i10 compact.
"Hyundai will be manufacturing all small cars in India and these would be sold globally. The models that we are manufacturing at our Chennai factory are i10, Santro and Getz while the new model, i20, would start from the end of this year," Hyundai India MD HS Lheem said.
Hyundai, that has completed 10 years in the Indian market, expects sales this year at 5.3 lakh units. A big portion of this would come from overseas markets. The company has started a trans-continental drive from Delhi to Paris to mark the occasion. Lheem said Hyundai was also exploring the possibility of exporting the i10 to the US. "We are conducting a feasibility study for this, though it could take some time," he said.
"Hyundai will be manufacturing all small cars in India and these would be sold globally. The models that we are manufacturing at our Chennai factory are i10, Santro and Getz while the new model, i20, would start from the end of this year," Hyundai India MD HS Lheem said.
Hyundai, that has completed 10 years in the Indian market, expects sales this year at 5.3 lakh units. A big portion of this would come from overseas markets. The company has started a trans-continental drive from Delhi to Paris to mark the occasion. Lheem said Hyundai was also exploring the possibility of exporting the i10 to the US. "We are conducting a feasibility study for this, though it could take some time," he said.
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