Hyundai India aims to be production hub for exports to emerging markets

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Hyundai India aims to be production hub for exports to emerging markets - Business Standard

Quick Summary:

Hyundai Motor India is looking to position itself as a manufacturing hub for exports for emerging markets like Africa and neighbouring nations, according to a top company executive.

The company, which is looking to diversify its export markets as it continues to face challenges regarding shipments to regions like the Middle East due to the Red Sea and other geopolitical issues.

We are manufacturing and exporting our cost-optimised vehicle to the emerging markets," Hyundai Motor India MD Unsoo Kim told PTI.