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Hyundai plans to boost sales in India and exports, expanding plant capacity amid GST rate cuts.
Hyundai Motor India Ltd plans to boost growth in domestic and export markets, following GST rate cuts.
Domestic sales dropped 11.2% in the April-August period, while exports rose 12.45%.
The company expects GST 2.0 to improve domestic sales and is expanding its Talegaon plant capacity to nearly 11 lakh units annually by FY28.
This expansion will help cater to increased domestic and export demands.
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Hyundai planea impulsar las ventas en la India y las exportaciones, expandiendo la capacidad de la planta en medio de los recortes de las tasas de GST.