Without elaborating on his designation, the group said Sondhi will focus on consolidation, growth and future strategy of Hinduja Group's global automotive portfolio apart from other responsibilities.
All-new Hyundai Kona Electric has been launched in India today in a glittering ceremony at Greater Noida's Buddh International Circuit. Kona Electric is priced at Rs 25.30 lakh ex-showroom. Kona is Hyundai's first electric crossover SUV and meets international environmental norms.
Strongly objecting to government think tank Niti Aayog's proposal to transition to electric vehicles (EVs) for three-wheelers by 2023 and two-wheelers by 2025, the two companies said the policy has not been made with adequate study and diligence.
"Investment was strong in manufacturing, communication and financial services -- the top three industry recipients," said the UNCTAD World Investment Report 2019 released on Wednesday.
The company, which plans to bring in a range of products that would be made and launched in India before introducing in other parts of the world, is looking to leverage on the fast growing SUV segment as it tries to balance volume and profit to have a sustainable business.
New Delhi: For the first time in the history of Indian automotive industry, a manufacturing unit has been set up inside a jail premises where work will be carried out by prison inmates.The Director General
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