Hyundai plans to boost car sales in India by two-thirds next year, using a new manufacturing plant, to close the gap on market leader Suzuki, according to a news agency report.
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Hyundai Motor India is targeting sales of 530,000 cars in India next year, up from its 320,000 target for this year, managing director HS Lheem told a news conference, Agence France Press (AFP) said.
About half the production will be sold locally and half exported, Lheem reportedly said.
Hyundai will have the capacity to double production in the country next year once a new plant in the southern city of Chennai becomes operational, Arvind Saxena, vice president of sales, told the news agency.
“It is in the process of being commissioned,” Saxena told AFP.
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