Hyundai WIA announced the commencement of its operations in India. As part of the Hyundai Motor Group, Hyundai WIA produces automotive parts, machine tools and heavy machinery and will set up a plant near Sriperumbudur, Tamil Nadu which will provide employment opportunities to substantial number of people in phased manner.
Speaking on the announcement, Mr. H.S. Lheem, President & CEO, Hyundai WIA, said, "We are extremely delighted to announce the commencement of operations of Hyundai WIA in India. Although we have been providing our products to clients in India for the last four years, the setting up of this manufacturing unit will strengthen our position in the country. India is fast emerging as the global hub for the automotive industry, the new plant in Tamil Nadu will help in catering to the growing needs of this industry."
Well known as an “all-in-one precision machinery maker”, Hyundai WIA not only produces automotive parts but has a strong presence in the machine tools, press, plants, and aircraft/defence fields as well. With this move, Hyundai sure is planning a lot more for their coming years in India. We already got a peek at the Elantra Avante but the i30 too isn't far away. Let's hope for the best!
