Hyundai Motor India’s (HMIL’s) factory near Chennai has emerged the second-largest production base for the auto major, after South Korea, overtaking the company’s China unit in 2019.
Hyundai Motor Company (HMC) has eight factories across the globe, of which one is under construction in Indonesia.
In a recent presentation to investors, HMC shows that in 2019, the Indian factory produced 682,000 units, with an installed capacity of 696,000 units.
China (Beijing Hyundai Motor Company) produced 658,000 units last year, with an installed capacity of 1.35 million units. While capacity utilisation in India was around 97 per cent,