BENGALURU -- South Korean carmaker Hyundai Motor has lined up a 450 billion rupee ($5.07 billion) investment to ramp up its India operations as it grapples with a loss in market share amid intense competition.
Automobiles
Hyundai India unveils $5bn investment amid market share struggles
Carmaker looking to support revenue target of $11bn by 2030
The Indian unit of South Korean carmaker Hyundai is targeting revenues of 1 trillion rupees in the fiscal year ending March 2030, roughly one and a half times the 692 billion rupees it notched in the fiscal year through March this year. © AP
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