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Hyundai's manufacturing plant at Irungattukottai near Chennai, India. Formed in May 1996, Hyundai Motor India Limited (HMIL) started its operations producing its first model in September 1998, the Santro. HMIL is the global export hub for compact cars for emerging markets.
Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. [citation needed] Hyundai started the construction of the plant in the year 1996. December 10, 1996 the groundbreaking ceremony was done for Plant 1.
In January 2020, it was announced Chinese automobile manufacturer Great Wall Motors was set to acquire General Motors’ Talegaon manufacturing plant near Pune. [8] [9] [10] The plant was expected to be sold by December 2020 but due to the 2020 China–India skirmishes, the Indian government has not yet approved the sale of the plant.
The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. [1] [2] [3] As of 2023, India is the 3rd largest automobile market in the world in terms of sales.
Highways connecting to Pune have heavy traffic due to extensive industrial growth in the area. Chakan is also on the proposed Pune Junction - Nashik Road railway line. The nearest airport is the current Pune International Airport. Phase III of the Pune Metro will connect Chakan to Moshi, [12] which hosts an International Convention and ...
Force Motors Ltd is an Indian multinational automotive manufacturing company, based in Pune.From 1958 until 2005, the company was known as Bajaj Tempo Motors because it originated as a joint venture between Bajaj Trading Corporation (now Bajaj Auto) and Germany's Tempo for manufacturing auto components. [1]