South Korean auto major Hyundai, which aims to sell one million cars annually in India by 2021, will invest Rs. 5,000 crore to introduce eight new models in the country’s market by 2020, a top official said on Thursday.
“In the next four years, by 2020, Hyundai will invest Rs. 5,000 crore to develop eight new products,” said Y. K. Koo, managing director and chief executive officer (CEO), Hyundai Motor India.
“Out of these, three will be new segment product. So every year, for the next four years, we will launch two new products,” Mr. Koo said.
Read More News at<>Hyundai to sell 1 million vehicles in India by 2021
“In the next four years, by 2020, Hyundai will invest Rs. 5,000 crore to develop eight new products,” said Y. K. Koo, managing director and chief executive officer (CEO), Hyundai Motor India.
“Out of these, three will be new segment product. So every year, for the next four years, we will launch two new products,” Mr. Koo said.
Read More News at<>Hyundai to sell 1 million vehicles in India by 2021
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