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Focusing on exports over domestic discounts, says Hyundai India COO

Business Standard LogoBusiness Standard8h ago

Focusing on exports over domestic discounts, says Hyundai India COO - Business Standard

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Hyundai Motor India Ltd (HMIL) is currently focusing on boosting exports to key markets in the Middle East and Africa rather than offering deep discounts in the domestic market, which is showing signs of stress.

This reflects a balanced approach between volume sales and profitability, Chief Operating Officer (COO) Tarun Garg told Business Standard in an interview on Tuesday."We have the flexibility that whenever the domestic market is showing signs of stress, instead of going after discounts too much and compromising the quality of sales, we have this lever of exports.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 19:38:49 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 109 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28876723

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 334 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Focusing on exports over domestic discounts, says Hyundai India COO" was covered 8 hours ago by Business Standard, a news publisher based in India.

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