Hyundai Looks To Setup Diesel Engine Plant In India
Hyundai Motor India is planning to establish a diesel engine plant close to its existing car manufacturing facility near Chennai, India.
The company said that car sales have increased in India, as per the May results. However, the South Korean automaker has opined that the government would have to avoid raising excise duty if they want the market to recover. Any increase in excise duty could neutralize the recent gains.
H.S. Lheem, Managing Director, Hyundai Motor India, said: “We have initiated a feasibility study for setting up a diesel engine plant.”
The company expects the Indian operations to post a 15% increase in revenues during this fiscal year, from $4 billion in 2008.
Related Insight
Suppliers Directory
Trocellen – Cross-Linked Polyolefin Foams for Most Diversified Industries
Suppliers
BINDER - Best Conditions for Your Success
BINDER is the world's leading specialist in simulation chambers for scientific and industrial laboratory applications. BINDER has a comprehensive range of products covering routine applications as well as highly specific tasks in the area of research and development, production, and quality assurance. Temperature: Heating and refrigeration techniques Gas metering and control techniques Lighting engineering Vacuum technology Environmental simulation
49 > Suppliers
FlexLink - Production Logistics Systems Provider
FlexLink production logistics solutions allow manufacturers to achieve full production efficiency. For more than 30 years, FlexLink has provided production logistics solutions to worldwide manufacturing industries.
4024 > Suppliers
Geodis Wilson - Automotive Freight Management Services
Geodis Wilson is a leading global freight management company, delivering tailor-made, integrated solutions to customers.
49 > Suppliers
Design & Production
Automobile Manufacturing
Design & Development
Auto Components Chassis & Suspension Powertrain Paints & Materials
Technology Automobile Technology Testing
Leasing & Insurance
Supply Chain Automobile Distribution Fleet Management
Green Technology Green Vehicles Green Powertrain
Auto Components Chassis & Suspension Powertrain Paints & Materials
Technology Automobile Technology Testing
Leasing & Insurance
Supply Chain Automobile Distribution Fleet Management
Green Technology Green Vehicles Green Powertrain
Intelligence
Trocellen Die Cut Parts
Published by Trocellen
White Papers
Precision and Flexibility Where it Really Matters: Grundfos' Solution for the Machining Industry
Published by Grundfos ABR
49 > White Papers
Trocellen Light Weight Composites
Published by Trocellen
White Papers
Trocellen Air Ducting
Published by Trocellen
White Papers
Buy the latest industry research online today!
Competing For Share Of Global Automotive Industry Spend In 2010-2011: Supplier Marketing & Sales Strategies & Industry Outlook
“Competing For Share Of Global Automotive Industry Spend In 2010-2011” is a new report published by ICD Research that analyzes how industry suppliers’ media spend, marketing and sales strategies & practices and business planning will be shaped in 2010 to 2011. In an uncertain economic climate this report gives you access to the media channel spending outlooks, media budgets, marketing agency selection criteria, business challenges and sales tactics of leading suppliers to the chemicals industry. The report also identifies automotive manufacturers and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels. Reports Buy online from $2000
“Competing For Share Of Global Automotive Industry Spend In 2010-2011” is a new report published by ICD Research that analyzes how industry suppliers’ media spend, marketing and sales strategies & practices and business planning will be shaped in 2010 to 2011. In an uncertain economic climate this report gives you access to the media channel spending outlooks, media budgets, marketing agency selection criteria, business challenges and sales tactics of leading suppliers to the chemicals industry. The report also identifies automotive manufacturers and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels. Reports Buy online from $2000
Comments may be moderated for spam, obscenities or defamation.