According to a top official, Hyundai Motors India Ltd (HMIL) will be introducing two products every year in a bid to become the market leader.
HMIL Managing Director, Y.K.Koo has said that “At present, we have 10 products and with the addition of two more products, we will have offerings in each segment.”
HMIL, for 2016, has planned to manufacture more than 6.6 lakh cars (including 1.6 lakh cars for exports) against 4.7 lakh units produced and sold in the domestic market during 2015. HMIL has sold 1.26 lakh cars from January to April this year that represents a market share of 16.9 percent, one percent more than the previous year.
