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Hyundai lines up Rs 5K-crore on new cars for India; eyes 1million sale

Hyundai lines up Rs 5K-crore on new cars for India; eyes 1million sale

Thursday, April 20, 2017, 5:31 PM

South Korean auto major Hyundai Motor Co is looking to almost double its sales from Indian operations to one million units by 2021 for which it will invest Rs 5,000 crore to bring in new models. The company, which operates in India through a wholly- owned subsidiary, plans to introduce eight models by 2020, including three models catering to new segments, and hybrids.
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