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The company, which operates in the country through its wholly owned subsidiary Hyundai Motor India Ltd. (HMIL), had abandoned the previous Santro model in December 2014.
The new car, equipped with A four-cylinder engine 1.1-liter gasoline engine, comes with automatic manual gearbox (AMT) and factory-installed CNG fuel options.
The manual variants of the car have a price of between 3.89 lakh and 5.45 lakh. The two GNV versions are labeled at Rs 5.23 lakh and 5.64 lakh while both variants with automated gearshift are priced at Rs 5.18 lakh and Rs 5.46 lakh (all prices out of room). 39; exposure).
The previous Santro was set in the range of 3.09 lakh to 4.15 lakh when he was arrested in 2014.
The new introductory prices would concern the first 50,000 customers. HMIL has already received online bookings for more than 23,500 units in the last 13 days.
"Over the last three years, we have invested more than Rs 700 million in the development of this model.The new Santro has been designed in our R & D center in Namyang (South Korea) and will help us to consolidate YK Koo, Managing Director and CEO of HMIL, told reporters.
The new model would be suitable for new buyers as well as for novice customers, he added.
"C is a very important model for Hyundai. We anticipate sales of about 8,000 to 9,000 units per month, "Koo said.
He added that the all-new Santro is a faithful example of Hyundai's" Made in India "philosophy. And brilliantly results from many rigorous product and sustainability testing clinics in various locations in India.
"Our Nanyang (South Korea), Chennai and Hyderabad research and development center has made considerable efforts to to ensure the supremacy of the product and the greatest pleasure of the customers, "said Koo.
The all-new Santro will compete with WagonR, Celerio and Tiago Motors of Maruti Suzuki and Tiago Motors in the segment of vehicles with compact chbadis, approximately 30,000 units a month.
Asked about the model's export plans, Mr. Koo said the company would begin shipping abroad from next year and hoped to start trading. re 15,000 and 20,000 units a year.
The company is considering markets like South Africa, Vietnam and Latin America to start exporting new Santro, he added .
The new Santro comes with a localization level of 90%. It comes with various features including rear parking camera, voice recognition, rear vents and eco-friendly coating technology, among others.
Safety features include ABS with EBD and automatic door unlocking with shock detection.
According to the company, the petrol and AMT manual versions of the sedan would offer an energy efficiency of 20.3 km per liter, while CNG compensation would cover 30.48 km per kg.
The Santro was first launched from the Hyundai factory in Chennai in September 1998 and the brand was the company's mainstay in the Indian car market.
More than 18.6 lakh Santro units have been sold worldwide until now. In India, the company sold more than 13 units of lakh model. MR MR MR
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