SRIPERUMBUDUR, India, Feb 2: South Korean car giant Hyundai Motor Co opened a second plant in India on Saturday, making the country its biggest foreign manufacturing site.
The new plant in this town, 50 km from the southern city of Chennai, will double Hyundai’s manufacturing capacity in the South Asian nation to 600,000 units a year, company officials said. Hyundai expects to produce 530,000 cars this year, up from 300,000 last year, about half of which will be exported.—AFP
