Hyundai Motor India IPO: Rural SUV Sales Equally Strong, Focus on Indianizing Operations October 2024

Hyundai motor India IPO

Hyundai Motor India IPO- Rural SUV sales match urban demand. With a major IPO and Rs 32,000 crore investment planned, the company aims to Indianize operations and boost shareholder growth. Read more.

Hyundai Motor India IPO- Rural SUV Sales Surge

Hyundai Motor India has reported its highest-ever rural penetration, with SUV sales in the hinterland matching urban demand. This year, rural contributions have been as strong as urban ones, showcasing the company’s growing footprint across India.

Upcoming IPO and Indianization Plans

The upcoming Hyundai Motor India-IPO, slated to be the largest in India’s history, marks a significant phase in the company’s growth strategy. Hyundai is set to invest Rs 32,000 crore over the next decade, focusing on automating its Pune plant and boosting both domestic and export sales. The IPO will help further Indianize operations, ensuring greater opportunities for shareholders and investors.

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