Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

By Sreeja Biswas

  • 05 Feb 2024
Premium
Hyundai logo is seen during Munich Auto Show in 2021. | Credit: Reuters/Wolfgang Rattay

South Korean automaker Hyundai Motor is mulling an initial public offering of its Indian unit, Hyundai Motor India, to tap into the country’s thriving IPO market, a media report said.  The planned move comes nearly three decades after the Korean company launched its Indian operations. Hyundai is now India's second-largest passenger ......

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