Hyundai IPO In India: Hyundai seeks expansion, higher valuation with India IPO, ET Auto

Hyundai Motor's planned USD 3 billion IPO in India aims to achieve two objectives: expand in a rapidly growing market and address the "Korea discount" that affects its valuation back home. As India's second-largest carmaker, Hyundai seeks to leverage its popularity in India and reduce reliance on its parent company for funds.

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