Hyundai Motor Company, the Korean giant and India’s second largest car maker, is planning to enter the Indian CV market which is currently one of the fastest growing segment in the country.
This has been revealed by the five-member team from Hyundai of Korea which recently visited Chennai to study the scope for entry into this new market.
Though the development of buses is in the infant stage, the company is keen on entering the segment which has been well supported by the Government’s key initiatives such as JnNURM. In Korea, Hyundai is one of the leading players in the small bus segment.