Network: Wedgetail Astrostrategy Cyberstrategy Geofinance Geopolitics Geostrategy Global Energy

Hyundai nears 1 million vehicle capacity in India with new Pune plant

PUNE, India — Hyundai Motor is stepping up its India expansion with a new factory in Pune, bringing its annual production capacity in the country close to 1 million vehicles, as the South Korean automaker strengthens its foothold in the world's third-largest auto market. Built on the site of a former General Motors plant acquired in 2023, the facility is central to Hyundai's strategy to make India both a major production base for domestic sales and an export hub serving emerging markets. The exp

Source: The Korea Herald