Hyundai Motor India Ltd (HMIL) achieved a historic milestone by reaching the production of 6-Lakh units, the highest since inception in a calendar year.
On the occasion, H W Park, Managing Director & Chief Executive Officer, Hyundai Motor India Ltd, said, “Today is one of the landmark days in the history of our company. Achieving this milestone is a testament to the growing popularity of Hyundai as a brand and immense faith that our customers have placed in us. With this we gear up for next phase of growth and remain committed in bringing world-class products and service to our customers.”
HMIL offers a full range starting from the compact Santro to the top end luxury SUV – Santa Fe and enjoys a market share of around 20%. The company sells 7 models with 47 variants in the Indian market. It currently exports approximately 42% of its production to around 120 countries across the globe with i10 being the largest exported model.
Hyundai Motor India Ltd started operation in 1996 and the first Santro rolled out in September 1998. Right from the beginning the company has always been the trendsetter. From the record of setting up the plant in just 17 months to becoming the 2nd largest car manufacturer in just 6 months to rolling out 150,000 cars in about 25 months, Hyundai has made giant strides in India. In August 2010, Hyundai Motor achieved a distinction of reaching the 30-lakh car production in a record time of less than 12 years. It was also the fastest to reach the sales mark of 20-lakh (2 million) units in the domestic market in November 2010.
On the occasion, H W Park, Managing Director & Chief Executive Officer, Hyundai Motor India Ltd, said, “Today is one of the landmark days in the history of our company. Achieving this milestone is a testament to the growing popularity of Hyundai as a brand and immense faith that our customers have placed in us. With this we gear up for next phase of growth and remain committed in bringing world-class products and service to our customers.”
HMIL offers a full range starting from the compact Santro to the top end luxury SUV – Santa Fe and enjoys a market share of around 20%. The company sells 7 models with 47 variants in the Indian market. It currently exports approximately 42% of its production to around 120 countries across the globe with i10 being the largest exported model.
Hyundai Motor India Ltd started operation in 1996 and the first Santro rolled out in September 1998. Right from the beginning the company has always been the trendsetter. From the record of setting up the plant in just 17 months to becoming the 2nd largest car manufacturer in just 6 months to rolling out 150,000 cars in about 25 months, Hyundai has made giant strides in India. In August 2010, Hyundai Motor achieved a distinction of reaching the 30-lakh car production in a record time of less than 12 years. It was also the fastest to reach the sales mark of 20-lakh (2 million) units in the domestic market in November 2010.
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