![]() HMIL's manufacturing plant near Chennai claims to have the most advanced production, quality and testing capabilities in the country. HMIL has two manufacturing plants in Irungattukottai, Sriperumbudur in Tamil Nadu. Hyundai's manufacturing plant near Chennai. Moreover, it is currently installing a stationary solar power system of 1.9MWp using the module factory’s roof with a size of 13,028m². In 2022, Hyundai Motor India Limited receives about 85% of its electrical power as eco-friendly energy from external power plants. ![]() In 2019, Hyundai Motor Company invested around 1.1 trillion KRW in an additional EV production line and began manufacturing Kona Electric. Seon Seob Kim assumed the responsibilities of MD and CEO from Young Key Koo. On 4 December 2018, Hyundai Motor India Ltd, announced the top-level management changes immediately. In August 2018, Rakesh Srivastava, Director of Sales and Marketing at Hyundai India, resigned from his position after serving for six years. In July 2012, Arvind Saxena, the Director of Marketing and Sales stepped down from the position after serving the company for seven years. To support its growth and expansion plans, HMIL currently has a strong 1200 dealer network and more than 1,309 strong service points across India. It has been the number one exporter of passenger cars in the country for the eighth year in a row. HMIL currently exports cars to more than 87 countries. HMC has set up a research and development facility (Hyundai Motor India Engineering – HMIE) in the cyber city of Hyderabad.Īs HMC's global export hub for compact cars, HMIL is the first automotive company in India to achieve the export of 10 lakh cars in just over a decade. He resigned from Hyundai Motor India in 2006. Mr BVR Subbu was the marketing director responsible for dealer development and sales. Mr AP Gandhi was the president for a few years of inception. The Indian counterpart leadership team was managed by Mr AP Gandhi, Mr BVR Subbu and Mr G.S. Mr Yang Soo Kim was then the Managing Director of Hyundai Motor India. December 10th 1996 the groundbreaking ceremony was done for Plant 1. Hyundai started the construction of the plant in the year 1996. Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. Within a few months of its inception, HMIL became India's second-largest automobile manufacturer and the largest automobile exporter. HMIL's first car, the Hyundai Santro was launched on 23 September 1998 and was a runaway success. įor more than a decade till Hyundai arrived, Maruti Suzuki had a near monopoly over the passenger cars segment because Tata Motors and Mahindra & Mahindra were solely utility and commercial vehicle manufacturers, while Hindustan and Premier both built outdated and uncompetitive products. Daewoo had entered the Indian automobile market with Cielo just three years back while Ford, Opel and Honda had entered less than a year back. Maruti, Hindustan, Premier, Tata and Mahindra. During the entry of Hyundai in 1996, there were only five major automobile manufacturers in India, i.e. When Hyundai Motor Company entered the Indian automobile market in 1996 the Hyundai brand was almost unknown throughout India. Hyundai Motor India Limited was formed on by the Hyundai Motor Company of South Korea. It is the second largest automobile manufacturer with 15% market share as of 2022 and US$5.5 billion turn-over in India. Hyundai Motor India Ltd is a wholly owned subsidiary of the Hyundai Motor Company headquartered in South Korea. The Hyundai i10 (discontinued-2016) was exclusively manufactured only by HMIL. ![]() Hyundai Santro Xing (discontinued-2015) was most successful car in India.
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