Hyundai WIA India plans to invest up to $30 million in setting up machine tools division at Sriperumbudur near Chennai. Young Kim, Head-Machine Tools Division, Hyundai WIA, said the company plans to complete the heavy machine tools division unit by July. According to him, Hyundai WIA may invest $10 million more in the project later to expand the facility and also add more products. Young Kim was in India as part of the Machine Tools and Engineering Process Conference at Fapcci. The company is seeking to display its precision engineering and tooling capability.