Having established as the second largest car maker in India, Hyundai is reportedly planning to enter commercial vehicle segment of the country. The Korean company has reportedly started feasibility study for an entry into India's commercial vehicle (CV) industry.
India is one of the major markets among the new regions that Hyundai would like to enter reports AutocarPro. Hyundai commercial vehicle division has a presence in over 130 markets across the world, and it could enter the Indian CV market initially with trucks and then buses.
No timeline has been finalized for the entry in India so far. However considering the swift pace of developments, introduction can be expected by the end of 2017 or early 2018. The initial models will be high-end trucks competing against the Volvo and Scania range in India. Hyundai CV portfolio has cargo trucks, dump trucks, mixer trucks and tractors trailors in addition to the light commercial vehicles. Among these, range topping Xcient is expected to be the first product for India. The most advanced truck of the Hyundai is sold in 12, 11 and 10-litre capacity engines.
Among buses, Universe series is the most probable series for India. the inter-city coach is sold in Express noble, Space luxury and Space classic variants and it will be pitted against the Volvo 9400 B7R and Scania Metrolink series in India.
Hyundai started its commercial vehicle business with buses way back in 1978. The truck manufacturing began in 1984. CV division has plants in Korea, Turkey and China.