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The first vehicle that Hyundai launched was the Santro in 1998. Today Hyundai has an SUV dominated portfolio in India with Creta being its highest seller on a monthly basis.
Hyundai has completed 29 years in India. Established on May 06, 1996, the South Korean carmaker celebrated its 29th Foundation Day today. Hyundai Motor India Limited (HMIL) is currently the second largest player in the country having sold over 12.7 million vehicles — including more than 3.7 million exports to over 150 countries.
Commenting on the occasion, Unsoo Kim, Managing Director, HMIL, said, “Envisioning India at the heart of global manufacturing and commerce, Hyundai began its journey with the country 29 years ago with a vision of mutual progress. Today, we take immense pride in how far we have come – not just providing smart mobility solutions, but a future that reflects innovation, sustainability and a deep connection with our customers.”
Hyundai marked the beginning of its journey in India with the establishment of a manufacturing facility in Sriperumbudur, Tamil Nadu. Since its inception, the facility has grown steadily, becoming a center of manufacturing excellence. Operations officially commenced in September 1998 with the launch of Hyundai’s first fully integrated car manufacturing plant outside South Korea.
To meet growing demand and position itself as a manufacturing hub, Hyundai aims to achieve cumulative annual production capacity of 1 million units by operationalising its Talegaon manufacturing facility recently acquired from General Motors. Further, the company recently allocated Rs 1,500 crore towards revamp and modernisation of its Chennai manufacturing facility.
Hyundai India Exports: Key milestones
Hyundai continues to be India’s top passenger car exporter since inception. The company completed its first 0.5 million exports in 2008, 1 million in 2010, 2 million in 2014, 3 million in 2020, and by 2025 the company exported 3.7 million units. India continues to be one of the top three global contributors to Hyundai Motor Company’s sales, accounting for 18.5% of its global volumes in CY 2024.
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This article was first uploaded on May six, twenty twenty-five, at forty-three minutes past six in the evening.
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