Hyundai Motors plans a second plant in Gujarat

Chennai: Hyundai Motors is exploring a possible manufacturing facility in Gujarat, and its officials have visited a site at Dholera.

The company officials who had visited Dholera will now be submitting its recommendations to the company board. Its board will be taking a final decision in this regard.

The company also be exploring options in other states for setting up a manufacturing plant, he further said.

Hyundai Motors had yesterday announced that it will invest Rs 400 crore over the next three years to set up a diesel engine manufacturing plant in India with an installed capacity of 1.5 lakh units per annum. The plant is expected to go on stream by 2013-14.