Hyundai India sees 2005/06 sales at $1.2 billion

Newswire

NEW DELHI, Aug 26 (Reuters) - The Indian unit of South Korea's Hyundai Motor Co said on Monday it expected sales to touch $1.2 billion in the year to March 2006 on the back of rising exports and new car launches. Hyundai, India's second-biggest car company and the maker of the popular Santro hatchback, posted a turnover of 34.03 billion rupees ($702 million) in the year to March 2002 and a profit after tax of over 2.0 billion rupees. "India is one of the most important markets for us. We ...

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