Hyundai aims to grow up by 16.7 percent

Well, Hyundai is working on rolling out new products, adapting to the latest technologies, and striving hard to make their name lead in the native market of India. At the same time it also targets to reach on a benchmark by selling at least 4.84 lakh units within this current year and also attain a growth and a hike of nearly 16.7 per cent, when compared to the previous year.

 

In order to achieve this kind of growth, the company Hyundai depends on its best-selling vehicle such as the Elite i20 and the Grand i10 that has managed to sell about 10,841 and 8,970 units respectively in the month of June 2015.The company has a latest and wonderful compact SUV, Hyundai Creta in its portfolio and the company sells around 4000-5000 units of the compact SUV each month. In order to push out such numbers, the Chennai plant of the company would have to be functional 24*7 so as to meet the demand that would cater to the demand of the Hyundai Creta.

 

In context with this, the company is looking forward to receive GST to e implemented, along with a clarification on the land acquirement bill before it starts exploring for another location for one more plant in the country.Looks like the company is on an aggressive push out, in terms of the definite target set by the brand, and the forceful plan to be able to looks after the numbers for sales, certainly would support the brand for sure.

 

As it is the company is in the news for their sales targets and the latest product in line, the compact SUV, as after the Duster from Renault, that went quite well in the market, several makers wanted to get into a similar product in the making, however, Hyundai was the first to roll out a product with the same Forte.