Investment worth over Rs 6,100 crore planned by Hyundai in Tamil Nadu
The wholly-owned subsidiary of the Hyundai Motor Company, Hyundai Motor India Ltd has announced an investment of Rs 6,180 crore in the southern state of Tamil Nadu. As per the firm, the investment will be used for a range of endeavors, one among which is the creation of a hydrogen resource center in the state.
This investment announcement adds to the Rs 20,000 crore projected for 2023–2032 to advance electric vehicle manufacturing, charging infrastructure, and talent development.
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