Hyundai Motor India Ltd (HMIL) will be launching its i20 model by end of this year. Mr H S Lheem, managing director and CEO, HMIL said that the new model would be launched for both domestic and international markets. "With i20, Hyundai will complete its portfolio in the compact car segment. Santro, i10 and i20 will cater to the lower, middle and upper end segments respectively in the compact car market," he said. Hyundai Motors India on Tuesday, started production at its new Engine and Transmission Plant at Sriperumbudur in Chennai. The company has invested $250 million for setting up of this new plant with a capacity of 2,50,000 units per annum. It will be manufacturing the company's newly developed Kappa engine, which will cater to five variants of i10. "More than $421 million has been invested in the development of this engine which adheres to Euro V standards. It is 5-6 per cent more fuel efficient and has the least carbon emission of 119 grams/km among contemporary engines," said Mr Lheem. Hyundai will eventually roll out this engine for other models too. The company will also be launching the LPG variants of Santro and Accent within the next two months.