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

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