Hyundai India plans to launch nine products for the Indian market by 2020, starting with the popular Santro.
South Korean auto major Hyundai has announced that the new generation Santro is indeed making a comeback to India, most likely during Diwali this year. Moreover, the company also plans to invest around ₹ 6,300 crore in India in the next three years on new products, development of powertrain and setting up of a new office building. The investment will help the company in launching nine products by 2020 along electric vehicles and the Santro facelift. Hyundai might showcase the new generation Santro at the upcoming Auto Expo 2018.
When asked if it would be launched as Santro, HMIL Managing Director and CEO Y K Koo said that “is a possibility” but the company is yet to take a final call on the matter.
“It would be launched near Diwali this year. So we will take a final call on the Santro badge at around that time. However, I must admit that we are under a lot of pressure from dealers, customers and market to bring back the Santro brand,” he added.
If Santro had continued in the market, he said this year would have marked completion of 20 years of the model in India. The car was launched in the country in September 1998. Sharing details about the product, he said the hatchback would be wider and taller than the i10 model. The car will be powered by a petrol engine with options for factory-fitted CNG engines. It will also have automated and manual transmission options.