Hyundai Construction Equipment India, the subsidiary of South Korean group Hyundai, is expanding production capacity from the current level of 2,500 units to 3,500 units per year. While interacting with EQUIPMENT INDIA, Prabhat Kumar Tiwari, Head ? Sales and Marketing, Hyundai Construction Equipment India, revealed, ?We have already invested Rs 300 crore and work is expected to be completed in another 4 months time. We will also be widening the product lines.?

Hyundai Construction Equipment India offers the entire range of excavators from 8 T to 80 T. ?In the Pune facility we manufacture 8T and 11T excavators; the 14 tonner is imported right now; and we have various options in 20T which are R210, R215 and again R210 and R215 has been developed based on the application in quarries,? Tiwari said.

The industry is growing at a pace of 18-20 per cent, and Hyundai being a new entrant, plans to look at a bigger pie.