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Maha: Hyundai inaugurates Talegaon plant; Rs 11,000 Crore investment planned; CM invites more Korean industries
Published: 14/10/26 17:28
Pune | India
Pune, Oct 14 (UNI) Maharashtra Chief Minister Devendra Fadnavis on Wednesday inaugurated Hyundai Motor India's manufacturing facility at Talegaon in Pune district and invited South Korean companies to invest in the state, assuring them of a seamless investment process through a single-window clearance system. The inauguration marks a significant expansion of Hyundai's manufacturing presence in India, with the company planning to invest Rs 11,000 crore in phases to increase the plant's annual production capacity to 3.2 lakh vehicles by 2030. Addressing the gathering, Fadnavis said Maharashtra had developed a strong industrial ecosystem and was well positioned to attract further investments…