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23.6.05

MARKETS - INDIA - To make Hyundai No. 6 in world

NEW DELHI,India -The Financial Express/REUTERS -JUNE 22, 2005: -- South Korea's Hyundai Motor Co. is aggressively raising its market share in India and stepping up exports from here as it eyes businesses in components, trucks and buses in a booming economy... The firm's wholly-owned subsidiary Hyundai Motor India Ltd. is India's second-biggest car maker and considers India pivotal to its aim of becoming the number six global auto giant by 2010, its executive director of sales and marketing said on Wednesday... In addition, the Korean firm is studying the $5 billion bus and truck market, the world's fifth-biggest...

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