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Localisation saved Hyundai Rs 5,700 cr in forex since 2019

Hyundai Motor India Ltd (HMIL) has since 2019 saved around Rs 5,700 crore in foreign exchange (forex) by locally manufacturing or sourcing more than 1,200 components, including battery packs for......

I-bankers earn record Rs 493 crore from Hyundai IPO

Hyundai Motor India Limited’s (HMIL’s) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has......

Tax poser in the way of Hyundai local arm listing

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is......

Better chip supply fuels passenger vehicle production by 16%: Siam

Amid better semiconductor chip supplies, the Indian automotive industry posted an 8 percent growth in production of vehicles across categories for the month of May, with three-wheelers (20 per......

Carmakers stare at nearly 500,000 units of booking backlog

Ahead of the peak festive season, India's passenger vehicle makers are staring at a cumulative order backlog of nearly 500,000 units as chip shortage continues to cripple production. The crisis is......

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Hyundairsquo

News for Hyundairsquo

Localisation saved Hyundai Rs 5,700 cr in forex since 2019

I-bankers earn record Rs 493 crore from Hyundai IPO

Tax poser in the way of Hyundai local arm listing

Better chip supply fuels passenger vehicle production by 16%: Siam

Carmakers stare at nearly 500,000 units of booking backlog

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