Business Tuesday, September 23, 2008

Hyundai car plant to start third shift to raise production

From correspondents in Tamil Nadu, India, 08:03 PM IST

Leading car maker Hyundai Motor India Ltd (HMIL) will start third shift at its new plant in Tamil Nadu's Sriperumbudur from October to raise production in view of the rising demand for its i10 car model, a company official said.

The 300,000-unit-per-annum plant, which started operations in February this year, mostly rolls out i10 cars.

According to officials, the trial production of the third shift started Sep 15 and the daily unit production has gone up from 800 to 1,300, a 40 percent jump.

The company is expected to reach its target, 530,000 units a year, by the end of 2008.

According to Hyundai managing director H.S. Lheem, the third shift will help the company meet the domestic and export demand.

The introduction of the new shift will create over 800 new jobs.

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