Date:12/09/2008 URL: http://www.thehindu.com/2008/09/12/stories/2008091256151500.htm

Business

Hyundai to make India global export hub for small cars

Special Correspondent

NEW DELHI: Hyundai Motor India Limited (HMIL) has announced that it will roll out two new models every year and make India its export hub for small cars besides strengthening its research and design activities in India.

“We will be rolling out the ‘i20’ by this year-end that would be manufactured exclusively in India and exported worldwide. We have decided to make India our global export hub for small cars,” said HMIL Managing Director H. S. Lheem while kick-starting the 10th anniversary celebrations of Hyundai’s operations in India.

Mr. Lheem said the company would soon start third-shift operations at its Chennai facility.