Hyundai India planning to export CKD kits

Friday, August 29, 2008 3:27 PM by Charles Pennefather

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.

Tags: Hyundai
 

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