India: Hyundai to set up ancillary units in AP – report

Hyundai is reportedly planning to sign a memorandum of understanding with the government of the southern Indian state of Andhra Pradesh to set up a spare parts facility and other ancillary units. Overall, this project entails investment of more than Rs10bn (US$215.29m), Press Trust of India said, citing Sam Bob, principal Subscribe to Automotive World … Continued

• By Webmaster
• June 16, 2010