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