Mexican Media Brands
Hyundai Ponders a Second Factory in India
Hyundai Motor Co. tells The Economic Times it is considering plans to build a second assembly plant in India.
#economics
Share
Hyundai Motor Co. tells The Economic Times it is considering plans to build a second assembly plant in India.
The company's current factory in Chennai is running at about 98% of capacity. Hyundai announced earlier this month it has freed up more capacity for the domestic market by phasing out exports to Europe.
Hyundai India CEO B.S. Seo tells the Times the company has made no final decision about a second assembly plant but adds, "We are looking at it very closely."
RELATED CONTENT
-
Plastics: The Tortoise and the Hare
Plastic may not be in the news as much as some automotive materials these days, but its gram-by-gram assimilation could accelerate dramatically.
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
