trending Market Intelligence /marketintelligence/en/news-insights/trending/4vk885tjr1eex3fn9iutkg2 content esgSubNav
In This List

Hyundai to invest $1B to expand manufacturing facilities in India

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Hyundai to invest $1B to expand manufacturing facilities in India

Hyundai Motor Co.'s Indian unit is planning to expand its existing manufacturing facilities and establishing new ones in the state of Tamil Nadu with an investment of $1 billion, The Times of India reported Nov. 13.

The expansion will allow the automaker to increase its production capacity by an additional 100,000 vehicles a year, which will include new models and electric vehicles, the report added.

The investment will allow the South Korean carmaker to generate 700 new jobs.