Even after many hiccups and price rise announced by the carmaker, industry officials are of a view that the domestic car market by grow by 10% in the year 2010. In fact, 2009 has been considered as one of the luckiest years for the industry as the sales grew the fastest in the last six years but 2010 is expected to be even better.

With the first three months going in favour of the auto majors, the sentiment is surely very high but there's a roadblock in the path in the short-run.

Notably, this year, the Indian consumer has already seen three rounds of price increase after the one announced in January owing to the rising prices of raw materials, the second followed up by excise duty rollback announced by the Finance Minister Pranab Mukherjee and third one being the rise due to the industry moving up to the BSIV norms in the Indian market.

"The expectation is that the sector would clock a growth rate of about 10% this year," Hyundai Motor India's Head - Marketing & Sales Arvind Saxena said.

Notably, Hyundai has exported more than one million units out of India since it entered in 1999.