1. Hyundai Motor India's factory in the South Indian state Tamil Nadu has invested $500m (£250m) in a second, pretty much identical, manufacturing plant that will start production later this year, so by the end of 2008 churning out 600,000 cars per year.
2. Through essential mass production techniques every second - 24 hours a day, seven days a week - a car rolls off the Hyundai assembly line.
3. Each and every car is tested on the 1.6km on-site test track,
4. To secure supplies 80% of the parts used come from vendors based within a 50km radius of its factory.
Indian rival Maruti Udyog operates a similar scheme, which is built on mutual trust and support. It has never changed a vendor. Such stable business conditions have helped some vendors to broaden their markets and sell parts to the automotive industry at large, both in India and abroad. In fact, parts exports are set to make up two thirds of India's automotive exports by 2016, according to official predictions.
If the customer is king, then manufacturing must be queen of revenue.
[Click here for full story at: BBCNEWS.COM]
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