The company, which on Tuesday launched i20 Active, a sports- styled version of its premium hatchback i20, expects domestic market to account for 40 lakh units of its overall production so far in India.
     
The company's wholly-owned arm Hyundai Motor India Ltd (HMIL) expects to grow over 13 percent in the current year, a growth of over 5 percent over last year.
     
"In 2013, we crossed the total cumulative production milestone of five million units in India. This year we are planning our production roll out to cross six million units," HMIL senior vice-president (sales and marketing) Rakesh Srivastava told reporters here.
     
Of the total, four million will be for the domestic market and two million for exports, he said. Commenting on the company's plans for the Indian market, he said: "We expect to sell 4.65 lakh units this year, a growth of 13 percent. Last year we had a market share of 16.2 percent and this year we expect it to increase to 17.2 percent."
    
    
The company, which on Tuesday launched i20 Active, a sports- styled version of its premium hatchback i20, expects domestic market to account for 40 lakh units of its overall production so far in India.
     
The company's wholly-owned arm Hyundai Motor India Ltd (HMIL) expects to grow over 13 percent in the current year, a growth of over 5 percent over last year.
     
"In 2013, we crossed the total cumulative production milestone of five million units in India. This year we are planning our production roll out to cross six million units," HMIL senior vice-president (sales and marketing) Rakesh Srivastava told reporters here.


     
Of the total, four million will be for the domestic market and two million for exports, he said. Commenting on the company's plans for the Indian market, he said: "We expect to sell 4.65 lakh units this year, a growth of 13 percent. Last year we had a market share of 16.2 percent and this year we expect it to increase to 17.2 percent."

Petrol variants of i20 Active are priced between Rs 6.38-7.09 lakh, while diesel versions are in the range of Rs 7.63-8.89 lakh.

Hyundai is gearing up for a full play in the fast emerging sports utility vehicle segment to add volumes. The company is set to introduce ix25 SUV in India around August-September this year, ahead of the festive season.