Hyundai Motor Group commits USD 15.5 billion investment in India through 2032 across Different Segments
India, Oct. 14 -- The Gurugram-based passenger vehicle maker has heard from its global parent, and the message is long-term. Announced in New Delhi, the plan reaches across factories, research, suppliers and newer mobility businesses, and it arrives while the listed company is still dealing with a bruising April-June quarter. How much of the money lands with the Indian-listed arm, and what it could do for margins, exports and local sourcing, is still unclear. The sections below go through it.
Shares of Hyundai Motor India Limitedare trading at Rs. 1,997.40, up 1.65 percent on Wednesday. The stock touched the intraday high of Rs. 2,014.00 after opening at Rs. 1,985.00 before slipping to a low of Rs. 1,973.00. The company commands a marke...
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