Hyundai Motor India steps into its 20th year

Chennai, 06 May 2016: 20 years ago when it laid the foundation for its factory in Sriperumbudur near Chennai, and began operations in its first integrated car manufacturing plant outside Korea, Hyundai was an unknown entity in India. The rest as they say, is history.The company hasn’t looked back since the success of its first launch – the tallboy ‘Santro’, firmly consolidating its position as India’s second largest automobile manufacturer. On the occasion of its 20th Foundation Day celebrations of Hyundai Motor India, Managing Director Mr. Young Key Koo announced Hyundai’s four point vision of attaining ‘market leadership in the Indian automobile market’, ‘becoming the most beloved and trusted auto brand in India’, ‘a modern premium brand with products and services beyond customer expectations’ and ‘a great place to work’.

Young Key Koo, MD, HMIL along with senior management, dealers and vendors

The top management of HMIL, vendors & dealer partners received a baton-scroll from Mr. YK Koo, as a token of their pledge & strong commitment to achieve Hyundai Motor India’s vision. As a part of the year long celebrations, Hyundai has launched a new logo to illustrate its 20 years of success and togetherness in India and will organise a grand carnival for its employees at the factory over the weekend.

Young Key Koo, MD, HMIL & Venu Srinivasan, Chairman, Sundaram Clayton

The company also announced its plans to launch 2 new products every year, with more GDSI & digital showrooms, automated workshops, and the introduction of ‘Experience Hyundai’ programs for brand & product, sponsorships etc. The state–of–the-art manufacturing facility is also being upgraded and automated periodically, with current investments standing at 3.1 billion USD and vendor investment at 1.5 billion USD.

The India operations remain at the heart of HMC’s global operations and a key hub for exports, with the company being one of the early proponents of “Make in India”, showcasing India’s manufacturing prowess to the world.