No plan to set up diesel plant in India: Hyundai MD

Reversing his predecessor's decision to set up a diesel engine facility in Chennai, Hyundai

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Motor India's new Managing Director and CEO Han-Woo Park today said as of now there was no such plan.

"As of today, I do not consider a diesel plant, I do not have any idea. If the diesel market expands, then we will consider," he told reporters here.

However, launching the diesel version of hatchback i20 in July this year, Park's predecessor Heung Soo Lheem had said: "Currently we are importing diesel engine from Korea. The production (from) the diesel plant in Chennai will start by the end of 2010."

The new MD added that the company is currently carrying out a feasibility study for the plant, but remained non- committal on setting up the facility.

"We are doing feasibility study for a diesel plant. But we need some volume for the diesel plant, without volume we cannot have an engine (diesel) plant. It will need huge cost. If we reach some diesel volume in India, then we can consider the plant... Nothing is happening now," he said.

On shifting production of its latest offering i20 to Europe for exporting to the region, HMIL Senior Vice-President (Marketing and Sales) Arvind Saxena said manufacturing of the car would start in Turkey in the second half of 2010.

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