Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Hyundai's ongoing, future investment in India now stands at ₹33,000 crore
The Morning Standard
|January 17, 2024
HYUNDAI Motor India's (HMIL) proposed investment in India now stands at over ₹33,000 crore as the Korean auto giant in the past few days has committed two fresh investments ₹6,180 crore in Tamil Nadu and ₹17,000 crore in Maharashtra. These commitments are in addition to a mega investment worth ₹20,000 crore announced last year.
"Our commitment to India remains unwavering. We recently announced an investment of ₹6,180 crore. This is in addition to the already announced investment of ₹20,000 crore towards capacity expansion, new products and a battery pack assembly plant...
These investments chart out the next decade of HMIL's journey in India," said Unsoo Kim, MD and CEO of Hyundai Motor India on Tuesday at the launch of the new Creta.
Besides the two investments announced by Kim, Hyundai has proposed investing about ₹7,000 crore in Maharashtra.
This story is from the January 17, 2024 edition of The Morning Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Morning Standard
The Morning Standard
GST 2.0: Small retailers see short-term losses
While some retailers have already reduced prices to reflect lower tax outgo, most continue to seek clarity
2 mins
September 24, 2025
The Morning Standard
Buyers can report rate cut benefit denial on helpline
CONSUMERS who are not receiving the benefits of goods and services tax (GST) rate reductions can now raise their complaints with the National Consumer Helpline (NCH).
1 min
September 24, 2025
The Morning Standard
SHRIRAM KENDRA’S RAM LIGHTS UP NAVRATRI
As the Diwali-Dussehra season begins and Sharadiya Navratri unfolds, Delhi’s Shriram Bharatiya Kala Kendra (SBKK) has opened its doors for the annual staging of its renowned dance-drama RAM.
2 mins
September 24, 2025
The Morning Standard
First fully electric Delhi-Baraut AC bus service flagged off from ISBT
CM Rekha Gupta on Tuesday flagged off an inter-state AC bus service after nearly 18 years and launched the Automated Fare Collection System (AFCS) along with the 'Chalo' App.
1 mins
September 24, 2025
The Morning Standard
Spat over pets: Neighbours asked to serve pizzas
THE Delhi High Court has directed two neighbours to distribute pizzas and buttermilk to residents of an ashram while quashing FIRs they had filed against each other over a spat involving their pets.
1 min
September 24, 2025
The Morning Standard
Super 4s: Talat guides Pak to 5-wicket win
HUSSAIN Talat's all-round show, in addition to Mohammad Nawaz's measured knock helped Pakistan to a five-wicket win over Sri Lanka in the Asia cup Super 4s match here on Tuesday.
1 min
September 24, 2025
The Morning Standard
The Bumrah equation
At the ongoing Asia Cup, team management have shifted away from their usual plans with respect to the pacer; it may affect end overs balance if it doesn't come off
2 mins
September 24, 2025
The Morning Standard
Russian strikes kill civilians, Ukrainian drones shot down
Russia said that it shot down three dozen Ukrainian drones heading toward Moscow while Ukraine said that Russian missiles, drones and bombs killed at least two civilians, as Ukrainian President Volodymyr Zelenskyy persevered with efforts to bolster international support for his country at a UN gathering of world leaders on Tuesday.
1 min
September 24, 2025
The Morning Standard
After Tejashwi's refusal, Owaisi to launch yatra
DAYS after its offer to join INDIA bloc was turned down, All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief and Hyderabad MP Asaduddin Owaisi is all set to launch 'Seemanchal Nyay Yatra' in Muslim dominated region of Bihar from September 24.
1 min
September 24, 2025
The Morning Standard
Schoolgirl killed, two injured as e-rickshaw overturns in Paharganj
A 16-year-old schoolgirl was killed and two others injured after an e-rickshaw they were travelling in overturned in Paharganj area.
1 mins
September 24, 2025
Listen
Translate
Change font size