SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Motor Group’s output at its car manufacturing plants in India has reached a record 1.08 million units last year, surpassing the 1 million unit milestone for the second year in a row, industry data showed Thursday. According to data from the Korea Automobile Manufacturers Association, Hyundai produced 765,000 [...]
SEOUL, Dec. 14 (Korea Bizwire) – Celebrating its 25th year of local production in India, Hyundai Motor is poised to achieve record-breaking sales in the Indian passenger car market this year. Analysts predict that if the company maintains its current monthly sales trend, it will surpass the 600,000-unit annual passenger vehicle sales mark for the first [...]
SEOUL, Dec. 11 (Korea Bizwire) — President Yoon Suk Yeol and Indian Prime Minister Narendra Modi have exchanged congratulatory messages marking the 50th anniversary of the establishment of diplomatic relations between the two countries, the foreign ministry said Monday. In the message marking their establishment of formal ties on Dec. 10, 1973, Yoon said the [...]
SEOUL, Aug. 25 (Korea Bizwire) — Various cultural events will be held throughout this year to mark the 50th anniversary of diplomatic relations between South Korea and India, including K-pop concerts, a seminar on Korean culture and exhibitions, the culture ministry said Friday. Since the two countries established diplomatic ties in 1973, they have developed [...]
SEOUL, Aug. 16 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has signed a deal to acquire General Motors Co.’s plant in India to strengthen its presence in the rapidly growing automobile market. The acquisition of GM’s Talegaon plant in the western state of Maharash is aimed at preemptively preparing to meet a rising [...]
SEOUL, July 27 (Korea Bizwire) — A South Korean YouTuber with around 1.34 million subscribers fell victim to a scam by a local police officer while traveling in India. FITVELY, a health YouTuber, recently shared on an online community an incident from his trip to India when he got detained by local police for allegedly violating [...]
SEOUL, May 12 (Korea Bizwire) — Hyundai Motor Co. is set to carve a dominant niche in the thriving Indian auto market. The automaker announced on Thursday that it had signed a memorandum of understanding (MOU) with the Tamil Nadu State Government to inject 200 billion rupees (US$2.43 billion) into the country’s economy over the [...]
SAN JOSE, Calif., May 4 (Korea Bizwire) — Today, Zoom (NASDAQ: ZM) announced that it has received the Unified License with Access – All/PAN India, NLD National Long Distance, and ILD – International Long Distance from the Department of Telecommunications (DoT), Government of India. With these licenses, the company will be able to offer Zoom [...]
SEOUL, March 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading carmaker, said Monday it is in the process of acquiring General Motors Co.’s car manufacturing facility in India. Hyundai Motor has signed a term sheet with GM to take over the U.S. carmaker’s Talegaon plant in Maharashtra, the company said in a statement. [...]
SEOUL, March 7 (Korea Bizwire) — Korean dramas have become increasingly popular in India, according to a report from the British national broadcaster BBC on Monday. The report states that the genre mixing, exaggerated romance and bold heroines in Korean dramas are similar to Indian Bollywood dramas, which have contributed to their popularity among Indian [...]