Hyundai India Targets 10% Growth and New Investment

Hyundai Motor India expects sales to grow up to 10% this year following tax cuts. The firm will invest $794 million to double its Maharashtra plant capacity.

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Hyundai Motor India Ltd targets 8% to 10% domestic sales growth this fiscal year following government tax cuts in India. The automaker will invest $794 million to double capacity at its Maharashtra plant by the end of fiscal year 2027. The expansion positions the automaker to capture rebounding demand in the world's third-largest auto market.

Tax Overhaul Reverses Sales Slump

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