Hyundai Motor India sold over 9 mn cars in 25 yrs

New Delhi, Feb 17 (IANS) | Publish Date: 2/17/2021 1:57:06 PM IST

Hyundai Motor India has sold over 9 million cars since its inception 25 years ago.

Accordingly, 2021 marks 25 years of company’s presence in India.

“Envisioning India at the heart of global manufacturing and commerce, Hyundai, began its journey with the country 25 years ago towards a mutual progress,” S.S. Kim, MD & CEO, Hyundai Motor India was quoted as saying in a statement. “Today, it gives us immense pride to have come this far together, developing a sustainable and thriving ecosystem leading to collective evolution of the Indian Automotive Industry.”

On May 6, 1996, HMIL officials laid the foundation of Hyundai Motor India’s manufacturing facility at Irungattukkottai in Sriperumbudur, Tamil Nadu.

In CY2020, the company achieved its highest ever market share of 17.4 per cent. Besides, Hyundai has surpassed the 3 million vehicle export milestone in 2020.

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