Hyundai Motor India plans to increase its output by 20 per cent. In order to meet its target, India second largest car maker will hire 1,000 people by the end of this month.
The company has already increased its productivity by about 25 per cent since July and its workforce by over 1,000 employees at its two plants in Chennai.
H S Lheem, MD and CEO of Hyundai Motor India said that the company have started the third shift from July 10 at plant-I and hired over 1,000 people. The third shift at plant-II will begin from September 14 and Hyundai intends to recruit 1,000 more people.
The Korean car company is currently producing about 2,000 units per day in India. The production will go up by 400 units more once the third shift at plant-II starts. Mr. Lheem said the company's total workforce will cross the 12,000 mark after induction of new staff this month. Moreover, the company is expected to increase its headcount to 800 Indian staff from the existing 210 people at its R&D centre in Hyderabad.
The company has sold 45,543 units in July, of which 22,350 cars were exported.