- Emphasizes on localization to accelerate economic recovery
- First Manufacturer to roll-out fastest 3 Million Made-in-India Export Cars Since Inception
Mumbai, May 30, 2020 : Hyundai Motor India Ltd. (HMIL), country’s First Smart Mobility Solutions provider and the largest exporter since inception, reinforced its commitment to support the Government’s ‘Make in India’ vision with more than 5000 export units for May 2020.
In line with the Government’s vision of ‘Self-reliant’ India and to support the State and Central Government’s objective of promoting economic revival, Hyundai began production at its plant on May 8 producing more than 5 000 units for export market.
Speaking about Hyundai’s Export Strategy , Mr. S S Kim, MD & CEO, Hyundai Motor India Ltd. said, “We began our export operations in India in 1999 with an objective to propagate ‘Make in India – Made for the World’. In line with our global strategy, we have now exported more than 3 Million vehicles to 88 countries which reaffirm our commitment to the country.”
“We have once again made a humble beginning towards normalcy by exporting more than 5000 units in May 2020. This is a testimony of Hyundai’s resilient efforts towards localization and to accentuate economic recovery. Drawing strength from Hyundai’s vision of ‘Progress for Humanity’ we will continue to offer all-round premium experience to our customers through our quality products, both in India and global markets”, he added.
In the last 20 years, since inception, Hyundai has cemented its position as the leading exporter of passenger cars exporting more than 3 Million vehicles. In CY 2019, Hyundai Motor India exported 181 200 units with 792 Customized variants according to country specific preference and demand. With a market share of 26% in CY 2019 to the total exports of passenger cars from India has made Hyundai a significant contributor to the Indian automobile industry.
Currently, Hyundai Motor India is exporting 10 trendsetting models namely – ATOS (SANTRO), GRAND i10, XCENT, GRAND i10 (NIOS) & GRAND i10 (AURA), ELITE i20, i20 ACTIVE, ACCENT (VERNA), VENUE and All New CRETA. Globally, Hyundai Exports ‘Made-In-India’ cars to 88 Countries in 4 Continents - Latin America (33 Countries), Africa (28 Countries), Asia Pacific (26 Countries) and Europe (1 Country).
During the successful export journey, Hyundai Motor India has won prestigious 7 EEPC National and 5 South Region Awards as Top Exporter of Year for Large Enterprise category.
About HMIL
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is India’s first smart mobility solutions provider and the number one car exporter since inception in India. It currently has 11 car models across segments SANTRO, GRAND i10, GRAND i10 NIOS, ELITE i20, AURA, VENUE, Spirited New VERNA, All New CRETA, ELANTRA, New 2020 TUCSON & KONA Electric. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts of advanced production, quality and testing capabilities.
HMIL forms a critical part of HMC’s global export hub. It currently exports to around 88 countries across Africa, Middle East, Latin America, Australia and Asia Pacific. To support its growth and expansion plans, HMIL currently has 517 dealers and more than 1,330 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million-dollar R&D facility in Hyderabad. The R&D centre endeavours to be a centre of excellence in automobile engineering.
Log on to www.hyundai.co.in for more information
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