 "hyundai, car, Y K Koo")
Automobile companies are planning to invest around Rs 13,000 crore investment in Tamil Nadu The auto majors include Hyundai, CEAT and PSA Peugeot. The development comes at a time when the state lost some of the big ticket investments, include Kia's, to the neighbouring state of Andhra.
Speaking at the Assembly today, M C Sampath, minister for Industries, said that Hyundai is planning to invest around Rs 5,000 crore on expansion.
While the company officials were not available for comment immediately, the Minister said Kia Motors decided to invest in Andhra Pradesh because they have a global policy, which states Hyundai and
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