"The third generation Sante Fe is a world-class product and will set new benchmark in India's SUV segment," HMIL Managing Director and CEO BS Seo told reporters.
The vehicle, which is powered by a 2.2 litre engine would come in three variants priced at Rs 26.3 lakh, Rs 27.1 lakh and Rs 29.2 lakh, respectively. The new Sante Fe comes with various features including six airbags, emergency fastening device; flex steer system, among others.
The company is looking at expanding its product portfolio to boost sales in India. HMIL is the second largest car maker in the country, after Maruti Suzuki.
On Tuesday, the South Korean firm had unveiled "Xcent", its first compact sedan in India, which will be available from next month onwards.
Compact sedans and compact SUVs are the fast growing segments in the 2.7 million Indian passenger car market.