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HYUNDAI MOTOR INVESTING US$220 MLN TO EXPAND INDIAN PLANT.
CHANDIGARH, March 1 Asia Pulse - Hyundai Motor India Ltd, a wholly owned subsidiary of Hyundai Motor Company (KSE:005380) of South Korea, is investing an additional US$220 million to expand the capacity of the company's Chennai plant, a top company official said.
"HMIL has sold over 500,000 cars in a record time of just over five years since the commencement of commercial production in September 1998," HMIL President B V R Subbu said.
The company's turnover stood at US$50 billion, he said adding the Hyundai Motor group ...
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