India: Hyundai to submit Rs15bn expansion plan

Hyundai Motor India (HMIL) is expected to submit a Rs15bn (US$332.34m) expansion plan to the government of Tamil Nadu later this week, The Hindu Business Line said, citing unnamed sources. The OEM's plant is located at Sriperumbudur, near Chennai, the capital of Tamil Nadu. The plant currently has output capacity of Subscribe to Automotive World … Continued

• By Webmaster
• January 13, 2011