IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till 2030.
HMIL is a wholly-owned subsidiary of Hyundai Motor Company (HMC).
Muthoot further said, “with the additional focus towards collections in FY2020-21, the company has been able to contain delinquencies on the portfolio during the pandemic and have now stabilised its collections.”
Domestic sales during the last month were down 83.8 per cent to 6,883 units as against 42,502 units in May 2019.
The company has reinforced its commitment to support the government's 'Make in India' vision with more than 5,000 export units for May.
Hyundai Motor India Ltd (HMIL) today reported a 10 per cent increase in total sales at 62,899 units in December.…
