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