Reports by Industry
Reports by Company
- Company Analysis(173)
- Company Profile(60)
Hyundai Expansion Plan likely to bring in about US$ 1.4 Billion FDI to India
Dec 29, 2006
Hyundai will most likely bring in FDI (Foreign Direct Investment) of approximately US$ 1.4 Billion by the joint expansion plans of Hyundai Motor India and investments by the ancillary units of Korea. Hyundai is planning to make additional investments of about US$ 831 Million, which will comprise of expenses on second manufacturing plant, engine & transmission facility, R&D facility.
Hyundai plans to invest about US$ 500 Million in India by the year 2008 for overtaking Japan’s Suzuki, which is the largest overseas carmaker in India. Hyundai has emerged as second largest vehicle manufacturer in the lucrative market in Southwest Asia. The automotive giant has declared its plans to increase its production capacity to 6 lack units (from 3 lack units) a year. With the second automobile plant, about 70% of total 535 acres assigned to the economy by the govt. of Tamil Nadu will stand utilized.
As per a Research Analyst’s view at RNCOS, who has recently researched a report on “Asian Automotive Industry (2007)”, Indian automobile industry is currently ranked amongst top Asian countries. With growing FDI in this sector, it’s expected that Indian automotive industry will expand at a fast pace in years to come.
About the Report
The report provides objective analysis on Asian Automotive industry to explore the potential opportunities and challenges faced by the industry. It addresses some interesting issues for today’s Global business environment, such as:
- Performance of Automotive Industry of major Asian countries.
- Opportunities for the automobile players in Asian automotive industry.
- Who are the major competitors in Global Passenger car industry?
- Get an insight into the trends in market performance.
- Pinpoint sectors of growth and identify the driving factors.
- Key challenges and strategies.
- Identify market, brand leaders and understand the competitive environment.
- Major driving forces for Asian automotive industry.
For more information visit: http://www.rncos.com/Report/IM088.htm
For more information visit: http://www.rncos.com/Report/IM088.htm
Some of our Related Reports are as follows:Â
Related Releases are as follows:
- Alliances and Collaborations Builds a Strong Automobile Industry Network in Vietnam
- Delhi/NCR: The Largest Market for CNG Passenger Cars in India
- RNCOS White Paper: India Radial Tyre Market to Grow at 10% CAGR
- RNCOS White Paper: India Radial Tyre Market
- Vietnam Automobile Industry Goes Green by Taking Eco-Friendly Measures
Media Citation
- testtest
19 Jan, 2024 - Yourstory.com News @ Foodtech startup Swiggy launches Health Hub in Chennai
23 Mar, 2021 - Yourstory.com News @ Zomato forays into dietary supplements, makes its own 'made in India' brand
16 Mar, 2021 - View more
get in touch
Copyright © 2014, RNCOS, 2002-2014
About Us
Terms & Policy
Contact