Hyundai keen to set up manufacturing unit in Haryana

Hyundai's sole manufacturing facility in India is located near Chennai.

Hyundai has expressed its interest to set up a new manufacturing unit in Haryana - a stronghold of rival Maruti Suzuki.

Seon Seob Kim, Managing Director, Hyundai Motors India, recently had a meeting with Chief Minister Manohar Lal Khattar, where he expressed the company's desire to set up a new factory in the state.

At present, Hyundai's sole manufacturing facility in India is located near Chennai. The factory has an installed capacity of 7.5 lakh units per annum. Besides serving the domestic market, the factory also builds vehicles for 88 other countries.

The city of Gurgaon in Haryana has emerged as a hub for automakers in recent times. Besides Maruti Suzuki's sprawling manufacturing facility, the city is also home to the corporate offices of a number of brands, including Hyundai.

Source: ET Auto