"Currently we are are importing some parts of the Kona Electric from South Korea. For Kona the volumes are small right now and we are importing a lot of battery components from South Korea. The first half will be flat, but in the second half expect there could be single low dight growth. "On new product plans, he said the company is studying the feasibility of products such as seven-seater Creta, micro SUV. "When asked if Hyundai was planning a fresh round of investments in India keeping in minds its plans here, Kim said, "we are preparing some future plans", without disclosing details.

Source: Economic Times February 05, 2020 07:18 UTC