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Hyundai Electronic ventures into Indian home appliances market

Hyundai Corporation was established in 1976 as an import and export-trading house of the Hyundai Group

Press Trust of India  |  New Delhi 

Electronics, an arm of South Korean multinational Corporation, said it has ventured into the fast growing Indian and home appliances market.

The company would focus on market research and product innovation here and work in areas like artificial intelligence, technology and energy-efficiency, Electronics said.

Commenting on the development said: "is one of the key emerging markets with a burgeoning consumer durable segment and with Hyundai's entry, we are committed to give Indian consumers an exposure to and product diversification methodologies, manufacturing cutting-edge goods."

was established in 1976 as an import and export-trading house of the

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, January 23 2019. 21:10 IST
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