views
Hyundai Motor India Limited marked the 8 Millionth car Milestone with the rollout of company’s most selling SUV – Creta. Hyundai has sold 5,300,967 units in the Indian Market and 2,703,581 units in exports globally. Hyundai rolled out its first Million car, Santro, in 2006, just 8 years after commencement of commercial production in 1998. Thereafter, production picked up momentum, with the next million milestone being achieved within an average of 18 -19 months.
Hyundai entered into the Indian market in 1998 with Santro hatchback equipped with Multi-Fuel Injection and Bharat Stage - II technologies. The Santro sold more than 1.85 Million units worldwide from the Hyundai India manufacturing Plant. To understand Indian Customers and to strengthen Indian product portfolio and development of global cars adaptive to local terrain Hyundai R&D Centre was set-up in Hyderabad in year 2006.
In the journey of 20 years of production in India, the first plant was commissioned in year 1998 followed by the second plant in 2008 in the same vicinity for a cumulatively production of 700,000 cars per annum. In the year 1999, Hyundai Motor India started its journey by shipping 20 Santros to Nepal. Today Hyundai Motor India has significantly contributed 40% of passenger vehicle exports from India with volume of 2.7 Million vehicles since the year 1999. Hyundai Motor India currently exports to over 88 countries across Africa, Middle East, Latin America and the Asia Pacific.
Also Watch: Hero Xtreme 200R First Ride (Track) Review | Cars18
Comments
0 comment