Friday, May 8, 2026

Hyundai Motor India lines up Rs 7,500 cr capex for FY27; eyes to reclaim no 2 spot

Hyundai Motor India plans to invest Rs 7,500 crore in capex by FY27, aiming to regain its number two position in the domestic passenger vehicle market. The company will launch two new models this year, including a mass segment electric SUV, and expects 8-10% growth in domestic sales and exports.

from Auto-Industry-Economic Times https://ift.tt/EGOyeh3

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Mercedes plans bigger India play with greater localisation of parts

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