Korean auto major Hyundai has strongly held on to its second position in India, the world's fifth-largest car market. The company is operating at full capacity and is yet to decide on capacity addition. Hyundai Motor India Managing Director & Chief Executive Officer Y K Koo tells Ajay Modi that it is his dream to sell a million units annually and the company will have to look at a new plant by 2020 to augment capacity and meet the growing demand. Excerpts of an interaction:
As the second-largest car maker, what growth triggers do you see in the Indian market?
The market is growing