Versuchen GOLD - Frei
Hyundai's Pune plant gears up for multi-model exports
Mint New Delhi
|October 13, 2025
Hyundai Motor India Ltd (HMIL) will initially produce two car models at its Talegaon plant and prepare the facility to make vehicles for export to emerging markets, as the company marks its largest capacity addition in seven years.
Hyundai's Talegaon plant near Pune begins production, will initially roll out the recently facelifted Venue.
Two people in the know said the 170,000-units-per-annum plant will first produce the facelift of its compact sports utility vehicle, Hyundai Venue and another model, which is likely to be a new launch.
According to the company’s presentation to investors last month in New York as part of Investor Day 2025, the Talegaon plant will focus on India-centric products, exports for emerging markets and have a multi-model assembly capability, allowing it to produce all types of vehicles, including electric and internal combustion vehicles. Current capacity will gradually be increased to 250,000 units within 3 years, as plant operations scale up with new vehicles, taking its India production capacity to nearly 1 million units annually.
Diese Geschichte stammt aus der October 13, 2025-Ausgabe von Mint New Delhi.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint New Delhi
Mint New Delhi
Why ride-hailing platforms are facing GST review
Ride-hailing app firms following the subscription model-where drivers pay a fixed fee instead of the app charging a commission on each ridedo not pay GST and are pushing for the status quo to continue. The GST Council is set to review the GST law. Mint explains:
2 mins
May 13, 2026
Mint New Delhi
Elon Musk's Grok is losing ground in AI race
Elon Musk’s artificial-intelligence model, Grok, lags far behind its fast-growing competitors—and an agreement by parent company SpaceX to rent massive computing power to Anthropic raises questions about whether it can still catch up.
3 mins
May 13, 2026
Mint New Delhi
Tech firms tweak billing, from man hours to machine tokens
As artificial intelligence (AI) takes on larger chunks of software work, more information technology (IT) services firms are working out new ways to charge for it.
3 mins
May 13, 2026
Mint New Delhi
Ministers, policy heads note war hit, chart way forward
India’s economic and policy leadership is bracing for the fallout from West Asia, with senior officials cautioning that elevated oil prices and supply disruptions could strain inflation, the current account and the rupee.
3 mins
May 13, 2026
Mint New Delhi
Lawsuits as asset class? Investors are betting on it
Investors are beginning to finance commercial lawsuits in India in exchange for a share of future settlements or court awards, as litigation funding—a niche alternative asset class long established in some global markets—starts to take shape locally.
2 mins
May 13, 2026
Mint New Delhi
Stocks slump, worries rise on war, options unwinding
Sensex, Nifty down over 1.8%; Investor wealth worth ₹10.95 trillion wiped out
4 mins
May 13, 2026
Mint New Delhi
Food monitor pings Whole Truth over 'no added sugar'
India’s food regulator has issued a show-cause notice to Fitshit Health Solutions-owned The Whole Truth over labelling that its chocolate products contained “no added sugar,” a move that could have a broader impact on how companies make and consumers perceive such claims.
4 mins
May 13, 2026
Mint New Delhi
How DIY investing is driving Gen Z's approach to wealth
Young investors are increasingly betting on equities, ETFs, crypto and other riskier assets
3 mins
May 13, 2026
Mint New Delhi
Bengal to join Digital Agriculture Mission soon
With the new Bharatiya Janata Party (BJP) government taking charge in West Bengal, the state is expected to shortly join the Centre’s Digital Agriculture Mission (DAM) in a major push towards technology-driven farm reforms, said two government officials close to the development.
1 min
May 13, 2026
Mint New Delhi
Diaspora dollars: useful if not taken for granted
With India’s foreign-exchange reserves at $691 billion, we can breathe easy on the external front for now. Credit the Indian diaspora for some of this. But we must do our bit as well
2 mins
May 13, 2026
Listen
Translate
Change font size
