Hyundai India planning to export CKD kits

Hyundai Motor India Ltd is planning to export CKD kits to further accentuate their position as the biggest automobile exporter in the country.

HMIL will invest $50 million in a new press shop at Superimbdur to generate the necessary volumes. It will also increase the number of engines it will manufacture by one lakh to seven lakh engines annually. Mr. H S Lheem, MD, HMIL, has said that the exporting of kits could begin next July, with initial numbers of about 30,000 units.