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Hyundai Motor's Chung says considering new India factory - report

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Reuters SEOUL

SEOUL (Reuters) - Hyundai Motor Group's chairman said on Tuesday that it is considering building a new factory in India, according to Yonhap.

"We are reviewing it," M.K. Chung said when asked, after a meeting with Indian Prime Minister Narendra Modi in the South Korean capital, according to the news agency.

Hyundai Motor Co <005380.KS>, India's second largest carmaker after Maruti Suzuki , has two factories in Chennai in southern India, with an annual capacity of 680,000 vehicles.

(Reporting by Joyce Lee and Hyunjoo Jin; Editing by Sunil Nair)

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First Published: May 19 2015 | 9:22 AM IST

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