Hyundai India says Chennai plant to resume normal production by June 22

Business Recorder

Hyundai India says Chennai plant to resume normal production by June 22

Hyundai Motor India said on Wednesday that one of ‌its plants in the southern Indian city of Chennai is expected to resume normal production by June 22 after a fire at supplier ⁠Mobis India’s facility last week led to disruptions. The Creta SUV maker said it would regain “production pace” by June 15 at the plant, and that operations at a plant in Pune in western India and another one in ‌Chennai ⁠remained largely unaffected. The Mobis facility supplies audio components and few other automotive parts to Hyundai India. Hyundai India expects that most ⁠production losses due to the incident would be recovered within the next quarter and ⁠does not expect any significant impact on its retail sales in June, ⁠given adequate inventory across its network.

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