Hyundai’s 29-Year Joyride: $6 Billion, 12.7 Million Cars, and a Road Full of Milestones

Image Source: INDIA IPO

Hyundai Motor India Limited (HMIL) celebrates 29 years in the Indian market, announcing a milestone $6 billion investment since its entry in 1996. The company is preparing for further expansion with a new manufacturing facility and a strong focus on innovation, exports, and community impact.

Hyundai’s Journey in India

Activated operations in India in 1996; now one of the nation's most reliable car brands.
Total investment of $6 billion within 29 years to expand operations.
Sold more than 12.7 million vehicles in India, out of which 3.7 million were exported to over 150 nations.

Manufacturing and Expansion

First-ever integrated manufacturing factory beyond South Korea opened in Sriperumbudur, Tamil Nadu, in 1998.
New Talegaon, Maharashtra facility set to open in Q4 2025, boosting annual production capacity to 1 million units.
Recent allocation of ₹1,500 crore to modernize the Chennai plant.

Market Impact and Exports

India contributed 18.5% to Hyundai Motor Company’s global sales in 2024.
Consistently ranked among the top three global contributors to Hyundai’s worldwide sales.
Maintains leadership as India’s largest passenger car exporter since inception.

Corporate Social Responsibility

Spent ₹400 crore on CSR projects in the last five years, touching lives of more than 2 million people each year.
Emphasis on themes of Earth, Mobility, and Hope, with income-generating projects supporting local communities.

Leadership Vision

"Visioning India to be the global manufacturing and business hub, Hyundai entered India 29 years ago with a shared vision of joint growth. We are proud of how far we have come-today, offering intelligent mobility solutions, but an envisioned future symbolizing innovation, sustainability and intimacy with our people."

Unsoo Kim, Managing Director, Hyundai Motor India Limited

Sources: Auto Economic Times, Autocar Professional, Moneycontrol, Hindustan Times Auto, Rushlane, Angel One

STORIES YOU MAY LIKE

Image Source: Business Standard

Private Placement Pays Off: 63 Moons Technologies Bags ₹106.2 Million to Power Innovation

Image Source: The Financial Express

Onelife Capital Advisors: SAT Remains Penalty Recovery, Retains Market Access Restriction, 'Fit and Proper' Status Untouched

Image Source: Ynetnews

Israeli Jets Strike Sanaa Airport After Houthi Missile Hits Tel Aviv, Tensions Escalate in Yemen

Image Source: The Hindu Business Line

GMDC Signs Mega 40-Year Limestone Supply Agreement from Kutch's Lakhpat Punrajpur Mine, Opening Doors to Industrial Expansion

Image Source: The Hans India

Sify's Chennai and Noida Data Centers are NVIDIA DGX-Ready Certified, Marking a New Era of AI Infrastructure in India

Image Source: IPO Central

Sahana System and IPRCL Forge Strategic Alliance to Drive Next-Gen IT Solutions in Indian Railways and Infrastructure

Image Source: IPO Watch

JG Chemicals Expands Andhra Pradesh Footprint: Subsidiary Acquires Land for ₹23.4 Million

Top Searches

Suggestions

Hyundai’s 29-Year Joyride: $6 Billion, 12.7 Million Cars, and a Road Full of Milestones

STORIES YOU MAY LIKE

Live Blogs

Top Stories

Hyundai’s 29-Year Joyride: $6 Billion, 12.7 Million Cars, and a Road Full of Milestones

STORIES YOU MAY LIKE

Subscribe to receive the day's headlines from WOWNEWS 24X7 straight in your inbox

Live Blogs

Top Stories