Hyundai plans to set up diesel engine plant in India

Hyundai has finalized plans to set up a diesel engine plant in India. The company, that currently imports diesel engines to strap on cars like i20 hatchback and the Verna sedan, is likely to invest around Rs 500 crore for the engine facility, and an announcement is expected soon.

The company is looking at having a minimum capacity of 1.5 lakh units for the plant and the engine configurations being considered are 1.1-litre, 1.4-litre and 1.6-litre.