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Hyundai to invest Rs 65 bn in developing e-SUV, 8 other products over 3 yrs

The proposed investment of the company, which has so far put Rs 210 billion in India, would be towards developing nine new products over the next three years, according to the HMIL MD & CEO

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Hyundai

T E Narasimhan  |  Chennai 



Y.K .Koo M.D & CEO Hyundai Motors India Ltd. at the Launch of Hyundai 'All New Elantra'  Photo courtesy:  Dalip Kumar
Y K Koo MD & CEO Hyundai Motors India. Photo: Dalip Kumar

Korean automobile major is planning to invest around Rs 65 billion over the next three years in developing new products, including an electricsports utility vehicle (SUV). The company also plans expand its capacity by 50,000 units at its facility near Chennai through debottlenecking.

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First Published: Fri, March 16 2018. 06:57 IST

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