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ENS ECONOMIC BUREAU
MUMBAI, SEPT 18: South Korean automobile giant Hyundai will make a world-wide launch of its small car "Santro" on September 23 here through a unique "charity auction" to create a fund for technical education.
The first five top of the line Santro DX cars, rolled out of its assembly lines, will be auctioned at a function in the capital and proceeds would be handed over to the Army, Navy and Airforce Wives Associations, a Hyundai release said today.
The auction proceeds will help to constitute a technical education fund to assist deserving dependent children of those defence personnel martyred in the war.
The auction will follow the public unveiling of the car at a celebratory event to be presided over by the Industry Minister Sikander Bakht and a host of dignitaries and celebrities, the release said.
Hyundai Motor India is a 100 per cent subsidiary of the 13.5 billion Hyundai Motor Company set up in 1967 as part of the Hyundai business group. HMC has presence in 168 countries across theworld.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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This story was printed from Net Express located at http://www.expressindia.com. Net Express provides a portal to India, with news from The Indian Express and The Financial Express along with sites on travel and tourism, the entertainment industry, the power sector, the environment and much more.
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