Friday, January 19, 2024

Hyundai completes Talegaon plant acquisition; earmarks Rs 6,000 crore investment in Maharashtra

Hyundai Motor India completes the acquisition of General Motors India's manufacturing plant in Talegaon, Maharashtra. The company will invest Rs 6,000 crore in Maharashtra as part of an agreement with the state government. The acquisition was completed after fulfilling conditions and receiving regulatory approvals. Hyundai Motor India is committed to providing benchmark products and technologies to Indian customers and aims to augment manufacturing capacity in India

from Auto-Industry-Economic Times https://ift.tt/h1deKJU

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...