Financial Times FT.com

Hyundai to shift part of Indian production

By Varun Sood and James Fontanella-Khan in Mumbai

Published: May 7 2009 19:27 | Last updated: May 7 2009 19:27

Hyundai Motor India is planning to shift production of one of its premium models to Europe after a strike over unionisation at its south India plant that led to the mass arrest of 750 protesters.

The move by South Korea’s biggest carmaker is believed to be the first time such a step has been taken because of labour unrest since the country opened up to foreign investors in 1991.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this