Hyundai Motor India aims for 1.14 million units production capacity by 2030
- Hyundai Motor India plans to increase annual car production from 9.94 lakh to 11.4 lakh units by 2030.
- The company aims to increase locally sourced parts from 83% to 92% by 2032, reducing dependence on imports.
- • Hyundai's Chennai and Pune factories will support the expansion, strengthening manufacturing and exports from India.
- Hyundai also plans to introduce more CNG, hybrid and electric vehicles, including a new affordable electric SUV.
Source: economictimes.indiatimes.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
