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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.
Denne historien er fra January 17, 2024-utgaven av The Morning Standard.
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