Hyundai Motor India Limited

Hyundai Motor India Limited

Company limited by shares (1) 5329+ employees

Hyundai Motor India Limited Description

Hyundai Motor India Ltd was established in the year 1996 and has its headquarters in Chennai. It is the second largest automobile manufacturer in the country. It was formed by Hyundai Motor Company of South Korea. The company manufactures passenger cars and light trucks. They also export their cars across the globe. The company has entered the automobile market in the country and was completely unknown throughout the country. At the time of their entry, there were only five major automobile manufacturers in the nation that are: Maruti, Hindustan, Premier, TATA and Mahindra. At that time Maruti Suzuki had nearly monopoly in the passenger cars segment as TATA Motors and Mahindra & Mahindra were into utility and commercial vehicle manufacturers whereas Hindustan and Premier were both built outdated and uncompetitive products. The company has two manufacturing facilities in Chennai. They believe that they have the most advanced production, quality and testing capabilities in the nation. The company developed Hyundai Motor India Engineering in the year 2006 and started contributing to the development of Hyundai Motors new car models for the national market. The other research and development centres situated across the globe are in United States, Japan, Korea., Germany and China. The current models that are being manufactured are: Hyundai Eon, Grand i10, Xcent, Elite i20, I20 Active, Elantra, Creta and 3rd Gen-Verna. Shahrukh Khan is on board as their brand ambassador and has also won the "Brand ambassador of the year" award for Hyundai i10 at NDTV Profit car and bike awards. The company has recently won the award for Indian Car of the year for Hyundai Verna in 2017.

Hyundai Motor India Limited Overview

INDIA HO
Sriperumbudur Taluk
COMPANY SIZE
5329+ employees
CIN
U29309TN1996PLC035377
TYPE
Public
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
www.hyundai.com
EMAIL
secretarial@hmil.net
FOUNDED
06 May,1996
PAID-UP CAPITAL
8,125,411,000
AUTHORISED CAPITAL
14,000,000,000
94 Related Suppliers
1 No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 1

Hyundai Motor India Limited in News

18 Sep 2021

Hyundai's new safety inspector is a robot

The automotive group said the factory safety service robot based on Boston Dynamic's four-legged robot Spot went into pilot operation at its subsidiary Kia Corp.'s plant in Gwangmyeong, southwest of Seoul.

18 Sep 2021

Top 10 PVs in August: Baleno tops the list, 4 SUVs jump in

The compact hatchback Baleno, which is sold through the Maruti Suzuki’s premium retail chain NEXA, grew 6% to clock 15,646 unit sales in August 2021, while WagonR and Swift, both sold through the ARENA network, declined 58% and 32%.

05 Sep 2021

India in a sweet spot of global consumption and manufacturing

India has three primary assets in its favour: the potential for significant domestic demand, government’s drive to encourage manufacturing and a distinct demographic edge – Shifting Global Value Chains, White Paper by World Economic Forum & Kearney, Jun’21.

25 Aug 2021

China eyes Afghanistan’s $1 trillion of minerals with risky bet on Taliban

For that scenario to have even a remote possibility, much depends on what happens the next few weeks. Although the U.S. is racing to evacuate thousands of Americans and vulnerable Afghans after a rushed troop withdrawal ending 20 years of war, President Joe Biden still has the power to isolate any new Taliban-led government on the world stage and stop most companies from doing business in the country.

21 Aug 2021

Kia to ramp up India capacity by up to 40%

The company, which has sold over 3 lakh units since beginning operations in August 2019 in one of the fastest rampup for any debutant car company, plans to boost production at its Anantapur factory in Andhra Pradesh from 18,000 on a monthly basis to nearly 25,000 units, Tae-Jin Park, chief sales & business strategy officer of Kia India, said.

03 Aug 2021

Ecom Express launches E-zippie to help SMEs

The portal is mobile responsive through which sellers can submit requests at their convenience and which is then funneled directly to the right department that handles the request without any manual intervention or re-keying of information.

02 Aug 2021

India's jobless rate drops to four-month low as coronavirus ebbs

India’s jobless rate fell to the lowest level in four months in July, adding to signs of a nascent recovery in the economy where sales tax collections and demand for some commodities have signaled a rebound. The unemployment rate dropped to 6.95% last month from 9.17% the previous month, according to latest data from private research firm Centre for Monitoring Indian Economy Pvt.

02 Aug 2021

Passenger vehicle sales soar 47 per cent in July

Industry estimates that carmakers dispatched around 290,000 passenger vehicles last month, up from 197,791 units in July 2020. Automakers in India report wholesale dispatches from factories and not retail sales made by dealers.

Directors of Hyundai Motor India Limited

Name DIN Email Designation Date of joining
Gang Hyun Seo Unlock to View Unlock to View Additional Director 16 Jun,2021
Kuen Han Yi Unlock to View Unlock to View Additional Director 04 Feb,2021
Tarun Garg Unlock to View Unlock to View Wholetime Director 24 Aug,2020
Shanmuga Sundaram Ganeshmani Unlock to View Unlock to View Wholetime Director 24 Aug,2020
Jong Hoon Lee Unlock to View Unlock to View Wholetime Director 09 Apr,2019
Woongsik Oh Unlock to View Unlock to View Wholetime Director 09 Apr,2019
Seonseob Kim Unlock to View Unlock to View Managing Director 21 Jan,2019
Kyung Hee Jung Unlock to View Unlock to View Director 06 Dec,2018
Choon Hang Park Unlock to View Unlock to View Wholetime Director 24 Sep,2018

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