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Creating Tamil Nadu Banana brand Curbing steel imports will hurt small business... Holiday Inn opens in OMR Chennai Celebration time at MS Chola Make way for the new and dynamic railways Is Indian telecom industry heading for a monopoly? On the ‘milky’ way TN budget pragmatic and moderate on fiscal deficit Indigo stays leader with 40 per cent share ALL – truck industry is recovering from degrowth Strategy war escalates between Hero and Honda AirAsia India infuses funds to fight out competition An aerospace-defence cluster in Tamil Nadu… TII-challenging year with flat growth More gensets and diesel engines from TAFE Steel loses its sheen Apple maps – finding its way Big-ticket investments march towards Punjab When Centre visits the state Schwing Stetter India joins hands with US-based Gomaco Illicit markets a concern to growing economy Sun Edison launches solar pumps Business Breif Nigeria comes nearer Connecting the unconnected Gem of social service... ALL-two launches in a row Investor friendly Japan TCS’ revenues cross Rs 100,000 crore Applauding enterprise... Bridging the skill deficit in pharma industry Secured NCDs from Shriram City Four daughters and a proud father TiE applauds innovative entrepreneurs Hero Motocorp - smooth ride Chola MS net crosses 100 crores Rating of states to be released soon Scoot offers just Rs.13,500 to ANZ... World labour laws at a glance CUB: towards card-less withdrawal TII’s single largest investment at Thiruthani ISRO's 100th mission Climate change may change the way businesses work... Time to fast-pace the logistics sector Economic, business and social sustainability Techies trip to India An American alliance in the chemical industry? Business Briefs LVB gears to become a financial supermarket Placing the right shoe forward... Reality bytes Ridley marathon to India Striking cords for 25 years… Realty sector takes a break... Chennai will soon get its World Trade Centre Chola MS launches motor app TVS Logistics – another acquisition to sharpen the business model Purdue and IIT-M sign the dotted line Brand leaders come forward... Dynamic e-commerce scenario A global plastic event in India Auto test tracks launched at GARC Oragadam campus Durga - India’s largest blast furnace; now operational Downsizing spree... Need to focus on ease of doing business... The new look- 4s Verna ALL to launch electric busses Celebrating 180 years of relevance Economic issues take a back seat at G20 summit TOP 10 CEO Compensation OBO Bettermann for better lightning protection ECGC expands operations Innovation that helped Chennai port Murugappa- a year of consolidation European crisis is a global crisis! Tata Steel commence operations at Kalinganagar WABCO’s second Chennai plant Changing dynamics in human resource management BRICS development bank Carrefour’s quick exit Well-refined – RIL’s refinery margins zoom IFCI to raise NCDs upto Rs 2000 crore Digital retail transactions stabilise at higher level… Research needs more funding Three more leather clusters… Industry-well poised to invest on expansion Blue Star plans a new plant in south Flexible labour laws… People Flow Day- Safety Waste, a gold mine Chennai Port is at last decongested! Pharma market dozes STFC raises money - Backpack laboratory Housing Innovation Challenge, 2015 Towards peace of mind Airlines wage price war Veritas Finance- financing the unfinanced Smart controls for cooling large multi-zone spaces ... Automotive Vision Plan II... Adding Zest to Scooty Nothing to hide... Realising double digit growth in Tamil Nadu Indian Bank – global businesses crosses Rs 3 lakh crore... Chennai to get a roundabout Metro SumInfra- corridor based development... Inclusive and forward moving... Hyundai excites again Focus on self-certification and third party inspection
 
Hyundai excites again

THE RECENT LAUNCH of the hatchback Elite i20 marks Hyundai’s 4th global premier in India. With four variants in petrol and diesel, the car is priced in the range Rs 4.98 lakh – Rs 7.80 lakh. Launching the model, Rakesh Srivastava, Senior Vice President, Sales & Marketing, Hyundai Motor India Ltd. (HMIL) said: “The Elite i20 is a premium compact car. Since its booking opened on 1 August, we have picked up bookings for 4600 units.”

This calendar year, Hyundai’s market share has increased by 2.3 per cent to 23 per cent, largely due to increase in sales volume of new launches apart from expansion in channel partners, strong process in terms of customer engagements and flexible production capacity. HMIL, the second largest producer of passenger cars in India, had recently shifted its Europe export base to the Czech Republic and Turkey  to cater to its largest export market. Markets in Latin America, Asia, Middle East, Australia and New Zealand will now be focused to offset the loss in export volume.

The company aims to grow over 15 per cent rate, higher than the industry CAGR of 12-13 per cent by bringing in products in new segments and refurbish existing models, said Srivastava.

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