Hyundai Motor India celebrates 29 years in India with 12.7 million units sold since inception
Hyundai Motor India Celebrates 29 Years: 12.7 Million Units Milestone Achievement
Hyundai Motor India Ltd (HMIL) marks a significant milestone as it celebrates its 29th foundation day, having established itself as one of India’s most trusted automotive brands since its inception on May 6, 1996. The company’s journey from its first SANTRO to the innovative IONIQ 5 represents a remarkable story of growth, innovation, and commitment to the Indian market.
A Legacy of Manufacturing Excellence
Hyundai’s Indian journey began with the establishment of its manufacturing facility in Sriperumbudur, marking a significant milestone as the company’s first integrated car manufacturing plant outside Korea. Operations commenced in September 1998, setting the foundation for what would become one of India’s most successful automotive ventures.
Key Milestones in Hyundai’s Indian Journey
- 1996: Establishment of Hyundai Motor India Ltd
- 1998: Commencement of Sriperumbudur plant operations
- Present: Plans for 1 million annual production capacity
- Achievement: Over 3.7 million vehicles exported
Export Excellence and Global Reach
Hyundai Motor India has established itself as the country’s largest passenger car exporter since inception, with remarkable achievements:
- Export reach: Over 150 countries
- Total exports: Exceeding 3.7 million vehicles
- Global contribution: 18.5% of Hyundai Motor Company’s global volumes in CY 2024
Vision for Future Growth
“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,” stated Unsoo Kim, Managing Director, HMIL.
Expanding Manufacturing Capabilities
As part of its commitment to growth in India, HMIL is set to achieve a cumulative annual production capacity of 1 million units with the operationalization of its Talegaon manufacturing facility. This expansion reinforces Hyundai’s dedication to the Indian market and its position as a key global manufacturing hub.
Future Focus Areas
- Advanced mobility solutions development
- Enhanced customer experience initiatives
- Sustainable manufacturing practices
- Continued contribution to Make in India initiative
As HMIL enters its 30th year in India, the company remains committed to delivering advanced mobility solutions and enriching customer experiences, while driving collective progress for the nation and its people. The journey from SANTRO to IONIQ 5 represents not just Hyundai’s growth but also the evolution of India’s automotive industry.
Published on May 6, 2025
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