''We aim at increasing the number of employees to 800 people for our R &D centre at Hyderabad by 2009-end, which would be a four-fold increase in the current headcount of 200,'' HMIL Managing Director H S Lheem told reporters here. The Hyderabad Centre, which will mainly concentrate on the R &D for small car segment, will work for future models not only for India but also worldwide, Mr Lheem said.
Hyundai Motors to raise its dealership
Hyundai Motor Company will increase the number of dealers in the country to 300 from 230 by year-end.
''We will increase our dealership in the country from the present 230 to 300 by the end of this year, Hyundai Motor India Ltd (HMIL) Managing Director H S Lheem told reporters here. The company is celebrating the 10th anniversary of its operations in the country.
The company, which currently exports to 96 markets worldwide, is also looking to expand its footprint to some of the other smaller countries. HMIL had achieved a cumulative sales growth of 57.5 per cent for August 2008 which it hopes to continue for this month as well.