Hyundai Motor india celebrated its twenty-ninth foundation day these days. Hooked up on june 6, 1996, the business enterprise has invested Rs 50,648.32 crore within the USA till now and bought over 1.27 crore gadgets, consisting of exports of more than 37 lakh devices to over one hundred and fifty nations.
Hyundai started its india adventure with the groundbreaking of its Sriperumbudur manufacturing facility (Tamil Nadu). Operations on the facility started in september 1998 with the commissioning of Hyundai's first integrated vehicle production plant outside of the Republic of Korea.
The carmaker will begin operations at its new manufacturing facility in Talegaon (Maharashtra) within the fourth sector of the calendar 12 months (CY) 2025.
To fulfill the developing call for and role itself as a manufacturing hub, hyundai aims to reap a cumulative annual production ability of 10 lakh devices through operationalizing the Talegaon facility.
At present, hyundai sells vehicles just like the Grand i10 Nios, i20, Aura, Verna, Exter, Venue, Creta, Creta electric-powered (EV), Alcazar, Tucson, and Ioniq 5 (EV) in India.
Hyundai's indian arm continues to be one of the top three worldwide participants in hyundai Motor organization's sales, accounting for 18.5% of its global volumes in CY 2024.
"Envisioning india at the coronary heart of global manufacturing and commerce, hyundai started out its adventure with the U.S.A. 29 years ago with a vision of mutual progress. These days, we take tremendous delight in how far we have come—no longer simply providing clever mobility answers, but a future that displays innovation, sustainability, and a deep reference to our customers," said Unsoo Kim, dealing with the director of hyundai Motor India.
"Guided by our global imagination and prescience of 'development for humanity,' hyundai will continue to pressure transformation in products and services while contributing meaningfully to society," he added.
Through its CSR arm, the hyundai Motor india Foundation (HMIF), the business enterprise has invested Rs 400 crore over the past 5 years, impacting over 20 lakh lives yearly through diverse network projects.
Hyundai claimed that HMIF helped generate earnings advantages worth over Rs 40 crore.
click and follow Indiaherald WhatsApp channel