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Hyundai Motor India expects 30% sales from rural markets in 3-4 yrs: CEO
Hyundai Motor India Ltd is betting big on rural markets, which it expects to contribute around 30 per cent of its total sales in the next three to four years, according to its Managing Director & CEO Tarun Garg. The company, which has 68 per cent of its total sales coming from SUVs overall, is also witnessing SUV penetration of 69 per cent in the rural markets, he said in an interaction. Hyundai Motor India Ltd (HMIL) is also intensifying its rural focus on network expansion with six out of eve…
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