Hyundai Motor India (HMIL) anticipates a near-to-mid-term recovery in automotive demand, supported by India’s economic resilience and government policies which were creating favourable ground for the automobile and other consumption-driven sectors amid global uncertainties, the company said in its first annual report since going public.
HMIL Managing Director Unsoo Kim acknowledged in the company’s 2024-25 Annual Report -- its first since the company got listed on bourses -- how global disruptions and high base continues to pose challenges for the automotive industry. However, he believes that India’s “forward-looking policies and economic resilience,” including recent repo rate cuts and income tax

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