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Hyundai Motor to invest $15.5 billion in India through 2032
The seven-year plan includes about $700 million for research and development and a dedicated investment entity to support local partnerships and supply chains.
Summary by Channel News Asia
9 Articles
9 Articles
Hyundai Motor Group plans to invest over 20 trillion won in India by 2032 to expand its production facilities and R&D hubs. This strategy aims to develop India, the world's third-largest automotive market, into a key growth base. According to Hyundai Motor on the 14th, Hyundai Motor Group Chairman Chung Eui-sun met with Prime Minister Narendra Modi at the Prime Minister's Office in New Delhi on the 13th (local time) to discuss investment plans a…
Hyundai Motor to Invest $15.5 Billion in India Through 2032
·New York, United States
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(Jakarta=Yonhap News) Correspondent Son Hyun-kyu = Hyundai Motor Group plans to invest over 20 trillion won by 2032 to expand vehicle production facilities in India and research and development (R&...
·Seoul, Korea (the Republic of)
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Coverage Details
Total News Sources9
Leaning Left1Leaning Right5Center2Last UpdatedBias Distribution62% Right
Bias Distribution
- 62% of the sources lean Right
62% Right
13%
C 25%
R 62%
Factuality
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