25-08-2017, 09:32 PM
Hyundai Motor India Limited (HMIL)
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INTRODUCTION
Hyundai entered India in 1996 and in 1998 launched Santro, back in 1998 the Santro's original arch rival was the Maruti Zen, the Hyundai brand was virtually unknown in the Indian market. But now Hyundai has good market share primarily because of its entry-level small cars Santro and i10. Along with its plant in Sriperumbudur, it set up a second plant thereby raising its total capacity to 600,000 cars per annum.
Santro - 2nd generation Hyundai Atos
i10 - brand new small car, global launch in India in 2007
Getz (discontinued)
i20 - brand new small car, global launch in 2008
Accent - 2nd generation Accent
Verna - 3rd generation Accent
Elantra (discontinued) - 3rd generation Elantra
Sonata
Tucson*
Terracan* (discontinued)
In the year 2008, Tamil Nadu had over 16 million 2 and 4-wheeled vehicle registrations.[1] The 4-wheeler vehicles in Chennai is the base of 30% of India's automobile industry[2] and 35% of its automobile component industry.[3] Chennai is the fourth largest metropolitan city of the country.
A Heavy Vehicles Factory is also established in Avadi (23 km Northwest of Chennai) in collaboration with Russia to produce military related vehicles. Avadi also boasts of Combat Vehicle Research & Development Establishment (CVRDE), a new engine testing facility.
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. HMIL presently markets 8 models of passenger cars across segments. The A2 segment includes the EON, Santro, i10 and the i20, the A3 segment includes the Accent and the Verna, the A5 segment includes the Sonata Transform and the SUV segment includes the Santa Fe.
PROFILE
HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts of the most advanced production, quality and testing capabilities in the country. To cater to rising demand, HMIL commissioned its second plant in February 2008, which produces an additional 300,000 units per annum, raising HMIL’s total production capacity to 600,000 units per annum.
In continuation with its commitment to providing Indian customers with cutting-edge global technology, HMIL has set up a modern multi-million dollar research and development facility in the cyber city of Hyderabad. It aims to become a centre of excellence for automobile engineering and ensure quick turnaround time to changing consumer needs.
As HMC's global export hub for compact cars, HMIL is the first automotive company in India to achieve the export of 10 lakh cars in just over a decade. HMIL currently exports cars to more than 115 countries across EU, Africa, Middle East, Latin America and Asia Pacific. It has been the number one exporter of passenger car of the country for the sixth year in a row. To support its growth and expansion plans, HMIL currently has a 336 strong dealer network and 721 strong service points across India, which will see further expansion in 2011.