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Hyundai is also planning to launch a brand news Grand i10 soon after that.

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The vehicle will be available in three engine configurations - 1 litre petrol, 1.2 litre petrol and 1.4 litre diesel.

The launch of Venue comes at a time when the passenger vehicle market is growing at its slowest pace in five years.

Hyundai is targeting sales of 7,000-8,000 Venues every month.