Hyundai may set up plant in Gujarat
Auto major Hyundai has said the company does not rule out the possibility of setting up a manufacturing facility in Gujarat in the
future. Hyundai Motor India Limited (HMIL) managing director H S Lheem said here on Tuesday that the company was invited by the Gujarat government to set up a manufacturing facility in the state.
“We don’t have any immediate plans. But, we will surely consider Gujarat whenever we have a future plan in place,” said Lheem, who was impressed by the state’s support to Tata Motor’s Nano project. He was in the city to inaugurate a new dealership Aldiam Hyundai’ in Makarpura.
About the company’s plans, he said after launching the LPG model of its popular model Accent Accent Eco, HMIL will roll out diesel model of i-20 by end of this year and it is also planning to roll out another mini car in the coming year.
“We also plan to introduce a car that is smaller than Santro,” said Lheem, adding that the new car will be bigger than Nano and priced at Rs 2.5 lakh.
Lheem, however, refused to divulge details about the exact year in which the new car will be launched. “It will come within a couple of years,” he said.
While inaugurating the 17th dealership in Gujarat taking the total number of dealers in western region to 57, HMIL hoped that its dealer’s network will be further strengthened to around 300 by end of 2009 from the present strength of 255 operational dealers
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July 22nd, 2011 at 12:44 AM
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