Hyundai Motor postpones investment plans in India
Says current capacity sufficient to meet domestic and export demand
Hyundai Motor has postponed its plans to establish a new plant in India by at least 2-to-3 years amid the economic slowdown and poor consumer sentiment which have dented sales and depressed market outlook, The Time of India (TOI) reported last week citing interview with Seon Seob Kim, managing director and CEO of Hyundai Motor India.
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