The country’s third largest car maker Hyundai Motor India Ltd is looking to build a diesel engine plant in the country. The auto maker has got an in-principle approval from its parent in South Korea, people familiar with the development said.
Further more, rumours are that the firm is keen to invest Rs.500,000,000 to build a factory that can produce around 100,000 engines
The company is likely to introduce a diesel variant of its i10 hatchback model in the next eight-12 months and likely to import the engine to start with and eventually look at localizing the 1.1-litre diesel engine, the people said.
Well after these steps, i suppose that the Indian people must be very happy and excited
0 comments:
Post a Comment