Hyundai Motor India Limited

Hyundai Motor India Limited

Company limited by shares (1) 5356+ 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& Mahindra were into utility and commercial vehicle manufacturers whereas Hindustan and Premier were both built outdated and uncompetitive products.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

Sriperumbudur Taluk
5356+ employees
Company limited by shares
Indian Non-Government Company
06 May,1996
94 Related Suppliers
1 No. of plants

Company Breakup

Name share
Bodies Corporate
Total Number Of Shareholders 1

Hyundai Motor India Limited in News

15 Sep 2023

Hyundai Motor launches new Elantra N with enhanced performance, safety and comfort

The New Elantra N’s global launch coincides with the eighth anniversary of Hyundai Motor’s high-performance N brand, which debuted on September 15, 2015. The refreshed model offers upgraded technology derived from motorsport competition to provide improved stability and comfort with fine-tuned performance, the company said.

12 Jul 2023

Hyundai Motor union to stage strike in South Korea on wednesday

Hyundai Motor's South Korean union will hold a four-hour strike on Wednesday, in support of the general strike organized by their umbrella union. The strike is scheduled to take place in two parts, with two hours in the morning and two hours in the afternoon. The Korean Metal Workers' Union also plans to conduct a series of strikes against President Yoon Suk Yeol's administration.

15 Mar 2023

Hyundai presents the manufacturing origins of the 2023 Verna

"The new Hyundai Verna is a quintessential depiction of the ultimate science of human engineering. Using the most contemporary manufacturing practices, we have ensured supreme levels of quality, compliance and performance for this new benchmark sedan," Unsoo Kim, MD & CEO, Hyundai Motor India Ltd., said.

07 Mar 2023

Hyundai partners with ITC to enhance rural reach

HMIL said it will collaborate with ITC's Choupal Saagar and e-Choupal platforms in rural hinterlands and it will progressively be extended for ITCMAARS Rural services for wider reach. "This association is aimed at strengthening HMIL's brand resonance and association with potential customers across the hinterland of India," HMIL Chief Operating Officer Tarun Garg said.

23 Jan 2023

Hyundai launches new Aura at INR 6.30 lakh

The new Hyundai AURA combines the aesthetics of a modern design with advanced convenience and safety. The new Hyundai AURA is here to elevate mobility experiences with numerous first and best-in-class segment features, the company said.

15 Dec 2022

Hyundai to hike vehicle prices from January

The company said it has continued to absorb rising costs, however will now pass on a part of the input cost increase through a revision in prices across its model range.

Directors of Hyundai Motor India Limited

Name DIN Email Designation Date of joining
Daehan Choi Unlock to View Unlock to View Alternate Director 20 Apr,2022
Unsoo Kim Unlock to View Unlock to View Managing Director 25 Jan,2022
Dosik Kim Unlock to View Unlock to View Wholetime Director 28 Sep,2021
Gang Hyun Seo Unlock to View Unlock to View Director 16 Jun,2021
Kuen Han Yi Unlock to View Unlock to View Director 04 Feb,2021
Shanmuga Sundaram Ganeshmani Unlock to View Unlock to View Wholetime Director 24 Aug,2020
Tarun Garg 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
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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