Hyundai’s Nepal plant commences assembly of Venue

Hyundai India and Laxmi Group announced the commencement of the local assembly of Hyundai Venue in Nepal. The country’s first automobile assembly plant was inaugurated by Pushpa Kamal Dahal, the Prime Minister of Nepal, and Tae-Young Park, Ambassador of the Republic of Korea, in Nepal on May 10, 2024.

Commenting on the commencement of assembly, Unsoo Kim, MD & CEO – Hyundai Motor India Limited said, “This plant in Nepal has an installed capacity of assembling 5,000 units annually, and Hyundai VENUE will be the first locally assembled model to roll off the plant. I would like to convey my sincere congratulations to the people of Nepal for this achievement!”