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Hyundai to invest over ₹3,200 crore in India over next 4 years


Hyundai to invest over ₹3,200 crore in India over next 4 years
Updated Feb 19, 2021 | 10:43 IST
The company plans to introduce an ‘affordable made in India electric car. This will involve an investment of ₹1,000 crore.
Hyundai to invest over ₹3,200 crore in India over next 4 years 
Ladies and gentlemen, Hyundai has some major news to share. The South Korean automaker will be investing more than ₹3,200 crore in India over the next four years. Why, you ask. Well, to help the company expand its portfolio here and launch new cars here. The development was confirmed by a ETAuto report, which noted Hyundai will also bring in new electric vehicles as part of its new strategy that includes enhanced focus on green mobility to fortify its operations in India. The South Korean carmaker currently commands more than 17 per cent share in the country s passenger vehicles market. The report adds the automaker now believes electric mobility wil ....

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