this story originally appeared in on aug 31 2018to tap into the countrys increasing demand for utility vehicles the south korean carmaker would make half a dozen suvs and crossovers for the local market hyundais pricing range would be pretty wide from rs 5 lakh to rs 40 lakh to compete in a segment that accounts for one in four personaltransport vehicles sold in asias no 3 economyonce the models are introduced hyundai will have the majority of its portfolio as crossovers and suvs with options at every 1lakhrupee price point according to several people in the know of hyundai motors plans more than 60 of the companys local product lineup will consist of crossovers and uvs ie 8 out 13 vehicles in futurehyundai has set itself the target of selling a million vehicles per annum by the end of this decade and the sub4 metre suv qxi is critical to achieving the goaly k koo md of hyundai motor india told et that in the immediate future the company would have built a customer base of over 4 lakh creta owners who would be looking for an upgrade hyundai does not want its current creta owners to go to competitionsuv is a very important market we are going to be strengthening our portfolio both below creta and above creta y k koo said the qxi and micro suv can address the affordable end of the market we also want to retain our existing creta customers who will be looking for an upgrade going ahead and we will not allow these customers to go to competition toyota fortunerhe did not share specifics of the future product pipelineqxi will be the first to hit the roads in 2019 and a beginning point for the roll out of range of suvs the qxi will take on the likes of ford ecosport and maruti suzuki vitara brezza this launch will be followed by new generation i20 active and cretawhile the current creta is addressing the compact suv buyers after 2020 hyundai wants to offer a 7seater version of creta codenamed su2i followed by 5 and 7seater tucson nx4i to take on the jeep compass and toyota fortuner it will also make a micro suv to challenge mahindra kuv learning from the past below par performance of tucson and santa fe which were either imported as fully built or in a knocked down form hyundai aims to locally manufacture the tucson twins to compete strongly against jeep compass and toyota fortuner respectively the kona ev will also be assembled in the second half of next yearthe utility vehicle segment has been the fastest growing in india with volumes more than doubling in the last five years to almost 92 lakh units per year the segment is set to see more than 50 new introductions in the coming three to five years from various automakers expanding the size of the segment to 15 million units over the next threefour years say