South Korean automaker Hyundai has finally launched their much talked about i10 compact car in the Indian market.

This new model has been priced between Rs 3.39 lakh and Rs 3.90 lakh (ex-showroom Delhi).

The company is working hard on making India its global hub for manufacturing small car and this car is the perfect start for it.

Hyundai i10 would be manufactured solely in India and the company would be exporting this car to several countries around the world.

Hyundai Motor Company President, Mr Jae Kook Choi said in a statement: “The new car will be a debut from India. It will be manufactured only out of the India plant.”

Hyundai India is already the country’s largest exporter of automobiles and this new model would further boost their numbers.

The company further said on their plans for India: “By July, our second plant will be operational. This would increase our capacity to 5.3 lakh cars by next year, out of which 50 per cent will be exported and the remaining 50 per cent will be sold in the domestic market.”

Hyundai i10 has been powered with a 1.1 liter petrol engine. They plan to launch a diesel variant sometime next year. Sadly, Hyundai India website seems to be ignoring this new release completely.