Now Hyundai will assemble cars in Nepal also, know which SUV the company will make
South Korean automobile manufacturer Hyundai will now assemble its cars in India as well as Nepal. The company has recently started a new assembly unit in the neighboring country of India. What type of vehicles will Hyundai Motor India assemble in its new plant? What will be the capacity of this plant? Let us know.
Hyundai will now produce automobiles in Nepal in addition to India. The company has begun producing cars on a new assembly line in India, a neighboring country. which vehicles the company plans to produce in Nepal. This is the information we are providing you with in this news.
The local assembly of Hyundai Venue has begun in Nepal, according to a statement released by Hyundai Motor India Limited (HMIL) and Lakshmi Group. On May 10, 2024, the Republic of Korea's ambassador Tae-Young Park, and Nepal's prime minister Pushpa Kamal Dahal officially opened the nation's first auto assembly plant.
On the commencement of assembly, Unsoo Kim, MD and CEO, Hyundai Motor India Limited, said, “This plant in Nepal has an installed capacity of assembling 5,000 units annually. Hyundai will assemble its compact SUV Venue locally. He said I would like to convey my heartiest congratulations to the people of Nepal for this achievement!”
Hyundai Motor India has partnered with Lakshmi Group in Nepal. After this Lakshmi Group will manufacture and sell Hyundai cars in Nepal. Customers can be assured of continued satisfaction and customer experience with HMC Korea and Hyundai Motor India's continuous collaboration and support on products, technology, and quality projects. Hyundai Motor and Lakshmi Group's industry-first vehicle assembly plant in the country will pave the way to boost localization and job creation.
Hyundai Motor India exports its vehicles from India to many countries. These include many countries like Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka.