Hyundai Motor India inaugurates new plant in Pune
South Korean automotive giant Hyundai's Indian arm, Hyundai Motor India Ltd (HMIL), has inaugurated its manufacturing plant in Talegaon, Pune. HMIL will invest Rs 11,000 crore in the project to expand its annual production capacity to 320,000 units by 2030 (from the current annual capacity of 170,000 units).
The new plant will exclusively manufacture the new Hyundai Venue, with exports planned to more than 35 countries.
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