Hyundai WIA plans 2nd plant

Hyundai WIA plans 2nd plant

Briefing reporters, Hyundai WIA President & CEO H S Lheem said the new plant could come up  either in Tamil Nadu, close to their current facility, or in Andhra Pradesh. Likewise, the company is planning to set up a plant in Brazil which will go on stream soon.

Lheem also announced commencement of company’s first plant near Sriperumbudur in Tamil Nadu, in which it is investing US$4 million. The company plans to open a technical centre each in Chennai and Delhi. It is in discussion with General Motors India to supply transmissions, Lheem added.

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)