• search

Hyundai to set up manufacturing and R and D centre

Written by: Staff

Hyderabad, Apr 2 (UNI) Andhra Pradesh Chief minister Dr YS Rajasekhara Reddy today said his government has alloated 42 acres of land to the Hyundai Motor Group, the premier automobile company to set up an R and D centre in the city.

Welcoming a five member Korean delegation led by Hyundai motor group President, R and D, Lee Hyun Soon here, Dr Reddy said the state government has agreed to provide 42 acres of land as desired by the company for the R and D unit.

The company was also contempleting a manufacturing facility near Tada, Nellore district in the near future.

Dr Reddy also explained various incentives and facilities that the government was offering for new industries and projecting the state as the ultimate destination for manufacturing unit.

He directed the officials concerned to take steps immediately and allot the site of the comapany's choice, an official release said.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more