Mumbai, Oct 15 (PTI) Small cars will continue to have relevance in the Indian market, considering the number of two- and three-wheeler users aspiring to upgrade, and Hyundai will not abandon the entry segment, Hyundai Motor Co President & CEO Jose Munoz said on Wednesday.
While the company will continue to develop the fast-growing SUV segment in India, it will also use the entry segment to tap customers who will look to upgrade in future.
In an interaction with reporters here, Munoz said, given the population and the expected motorisation in India, there are projections that this market will become "more than 5.6 million" units annually.
"If you look at the number of people who are driving motorcycles or three wheelers, you will see that all these people, sooner or later, their aspirati