Hyundai Motor India is looking at “augmentation of its production capacity” in the next two months.
The company, which has hit 98% peak capacity of 7,20,000 units a year or 60,000 units a month, will watch the market till December before taking a call.
“Depending on how the market performs, we will go in for capacity augmentation by end-December. This will involve new investment in machinery and tooling and debottlenecking,” said Ganesh Mani, director-production, Hyundai Motor India.
The company, which had opted for a third shift from end-August onwards, is looking to crank up capacity to the maximum of 7,50,000 units that the Sriperumbudur factory is capable of.
“Currently in terms of capacity we have an elbow room of around 30,000 units or another 2,500 units extra per month. We can use multiple model mix and debottlenecking and we have a flexible line to be able to produce more. We have hit our highest peak ever in October and we’ve gone for a 25%-30% ramp up.”
