capacity expansion

Talegaon plant to provide more headroom for growth in domestic, int’l markets: Hyundai Motor

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Talegaon plant to provide more headroom for growth in domestic, int’l markets: Hyundai Motor

Hyundai Motor India on Tuesday said its planned capacity expansion at the Talegaon manufacturing facility in Pune at an investment of Rs 6,000 crore will give it more headroom for growth in domestic and international markets. The company also said that it always looks for a balance between growth, profitability and market share. During a … Read more

auto component industry: Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles

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auto component industry: Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles

Indians’ love for larger, feature-rich vehicles, coupled with a concerted push to deepen local content, is turning into a boon for auto parts makers with domestic component sales rising 6.5%, on a high base, to a whopping $36.1 billion in the first half of this financial year. The shift in consumer preference is driving up … Read more