Hyundai India has hit 98% peak capacity of 7,20,000 units a year or 60,000 units a month.
Hyundai had opted for a third shift from end-August onwards, is looking to crank up capacity to the maximum of 7,50,000 units that the Sriperumbudur factory is capable of.
“Depending on how the market performs we will go in for capacity augmentation by end-December. This will involve new investment in machinery and tooling and debottlenecking,” said Ganesh Mani, director-production, Hyundai Motor India.
Now with the launch of 3rd gen i20 happening soon, 2021 might be the right time for expansion.
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