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Hyundai commits $15.5 billion investment for expansion in India

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Hyundai Motor Company has announced a substantial new investment plan for its operations in India. The South Korean automaker will invest $15.5 billion over the coming years. This funding is intended for capacity expansion, the launch of new electric vehicles, and the development of a dedicated EV supply chain. The investment underscores the strategic importance of the Indian market for Hyundai's global growth ambitions.

Read the full story at Economic Times

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Hyundai commits $15.5 billion investment for expansion in India · ShortSingh