Hyundai Motor India

2022-07-01T16:03:48Z

202.89.79.202:

{{Short description|Company}}
{{Use dmy dates|date=December 2018}}
{{Use Indian English|date=August 2018}}
{{Infobox company
| name = Hyundai Motor India Ltd
| logo = Hyundai Motor Company logo.svg
| logo_size = 200px
| type = [[Subsidiary]]
| foundation = {{Start date and age|df=y|1996|5|6}}
| founder =
| location = [[Gurugram]], [[Haryana]], [[India]]
| key_people = Seon Seob Kim ([[Managing director|MD & CEO]])
| industry = [[Automotive]]
| services =
| products = [[Automobiles]]
| subsid =
|production={{increase}}710,012 units (2018)<ref>{{cite web|url=https://www.carandbike.com/news/hyundai-india-crosses-8-million-cars-production-milestone-1865765/amp|archive-date=2018-07-11|title=Hyundai India Crosses 8 Million Cars Production Milestone}}</ref>
| revenue =
| net_income =
| parent = [[Hyundai Motor Company|Hyundai]]
| homepage = [http://www.hyundai.co.in www.hyundai.co.in]
}}
[[File:Hyundai Santro Xing 2011.jpg|thumb|[[Hyundai Santro|Hyundai Santro Xing]] (discontinued-2015) was most successful car in India. It is manufactured only by HMIL.]]
[[File:Hyundai i10 (Facelift) – Frontansicht, 10. April 2011, Düsseldorf.jpg|thumb|The [[Hyundai i10]] (discontinued-2016) was exclusively manufactured only by HMIL.]]'''Hyundai Motor India Ltd''' is a wholly owned subsidiary of the [[Hyundai Motor Company]] headquartered in South Korea. It is the second largest automobile manufacturer with 16.2% market share as of February 2019 and US$5.5 billion turn-over in India.

Hyundai Motor India Limited was formed on 6 May 1996 by the [[Hyundai Motor Company]] of [[South Korea]]. When Hyundai Motor Company entered the [[Automobile Industry in India|Indian automobile market]] in 1996 the Hyundai brand was almost unknown throughout India. During the entry of Hyundai in 1996, there were only five major automobile manufacturers in India, i.e. [[Maruti Udyog Limited|Maruti]], [[Hindustan Motors|Hindustan]], [[Premier Automobiles Limited|Premier]], [[TATA Motors|Tata]] and [[Mahindra & Mahindra Limited|Mahindra]]. [[Daewoo Motors|Daewoo]] had entered the Indian automobile market with [[Daewoo Cielo#1994.E2.80.931997: Daewoo Cielo|Cielo]] just three years back while [[Ford India Private Limited|Ford]], [[Opel]] and [[Honda Siel Cars India|Honda]] had entered less than a year back.

For more than a decade till Hyundai arrived, [[Maruti Suzuki]] had a near [[monopoly]] over the passenger cars segment because [[Tata Motors]] and [[Mahindra & Mahindra]] were solely utility and commercial vehicle manufacturers, while Hindustan and Premier both built outdated and uncompetitive products.

==History==
HMIL's first car, the [[Hyundai Santro]] was launched on 23 September 1998 and was a runaway success. Within a few months of its inception HMIL became the second largest automobile manufacturer and the largest automobile exporter in India. 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.

HMC has set up a research and development facility (Hyundai Motor India Engineering – HMIE) in the cyber city of Hyderabad.

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 87 countries. It has been the number one exporter of passenger cars of the country for the eighth year in a row.<ref>{{cite web|url=http://motorbash.com/eight-years-counting-hyundai-india-is-the-top-exporter-of-the-year/|title=Eight Years & Counting, Hyundai India is the ‘Top Exporter' of the Year|date=26 September 2013|publisher=motorbash.com}}</ref>

To support its growth and expansion plans, HMIL currently has 1200 strong dealer network and more than 1,309 strong service points across India.

In July 2012, [[Arvind Saxena]], the Director of Marketing and Sales stepped down from the position after serving the company for seven years.<ref>{{cite news| url=http://www.zigwheels.com/news-features/news/arvind-saxena-resigns-from-hyundai/13677/1 | title= Arvind Saxena resigns from Hyundai| date= 23 July 2012}}</ref>

In August 2018, Rakesh Srivastava, Director of Sales and Marketing at Hyundai India, resigned from his position after serving for six years.

On 4 December 2018, Hyundai Motor India Ltd, announced the top level management changes with immediate effect. Seon Seob Kim assumed the responsibilities of MD and CEO from Young Key Koo.{{citation needed|date=April 2020}}[[File:HyundaiChennai.JPG|thumb|Hyundai's manufacturing plant near [[Chennai]].|left]]
[[File:Hyundai Cars at the port.jpg|thumb|Hyundai Cars at a port.|left]]

==Manufacturing facilities==
HMIL has two manufacturing plants in [[Irungattukottai]] and [[Sriperumbudur]] in [[Tamil Nadu]]. HMIL's manufacturing plant near Chennai claims to have the most advanced production, quality and testing capabilities in the country.{{citation needed|date=April 2012}} 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. Current Production Capacity efficiency, has led to rolling out cars in 31 seconds, with these two plants in [[Irungattukottai]] , [[Sriperumbudur]] increased to 7,40,000 cars per year.

==R&D centre==
Hyundai Motor India Engineering (HMIE) is a fully owned subsidiary of Hyundai Motor Company, South Korea, which is located at Hyderabad, Telangana. HMIL established HMIE in November 2006 and contributed to the development of Hyundai Motors' popular new models for the Indian market starting with the Eon and followed now by the "i" series, and also in SUV segments like the Creta. Hyundai Motors' other overseas R&D centres are located in the United States, Germany, Japan, Korea, and China.

==Regional headquarters==

As of 2 July 2018, as part of organizational restructuring, Hyundai has announced the creation of three regional headquarters – Hyundai Motor India, Hyundai Motor North America and Hyundai Motor Europe. The regional headquarters will have various divisions for planning, finance, products and customer experience. They will work in collaboration with Hyundai Motor Company – the corporate headquarters based in Seoul, South Korea.

Hyundai Motor India led by SS Kim will oversee the operations of the brand in the regional market.

==Global Quality Centre==
{{unreferenced|section|date=April 2020}}

Indian Quality Centre (INQC) is one of five quality centres worldwide, along with those in the US, China, Europe and Middle East.

The India centre located at Faridabad, Haryana will conduct durability studies of existing models and benchmark parts and systems for constant improvement.

The key activity of the centre is to "contribute in new car development from pilot stage to create quality product with zero defect".

The centre will also be responsible for ensuring "top level safety quality" through proactive customer oriented management system and understanding feedback from them to eliminate potential risks. The centre also has an objective to study market conditions and other Asia Pacific regions to develop new cars and adapt strategies for continuous product quality improvement.

The company opened a training centre at the facility. It will have its own body and paint unit. The new service training will ensure overall skill development of entire service profile of dealer manpower.

== Models ==

=== Current models ===
{| class="wikitable" style="text-align: center; width: 45%"
|-
! colspan="2" rowspan="2" width="15%" |Model
! rowspan="2" width="15%" |Indian introduction
! colspan="2" |Current model
|-
! width="15%" |Introduction (model code)
! width="15%" |Update ([[Facelift (automotive)|facelift]])
|- bgcolor="#e0e0e0"
| colspan="5" |'''[[Hatchback]]'''
|-
|[[File:Hyundai_i10_(LA)_IMG_2798.jpg|alt=|200x200px]]
! scope="row" |'''[[Hyundai i10|Grand i10 Nios]]'''
|2007
|2019 ([[Hyundai i10#AI3|AI3]])
|–
|-
|[[File:2020 Hyundai i20 1.5 Asta (O) Diesel (India) front view.png|alt=|200x200px]]
! scope="row" |'''[[Hyundai i20|i20]]'''
|2008
|2020 ([[Hyundai i20#BI3|BI3]])
|–
|- bgcolor="#e0e0e0"
| colspan="5" |'''[[Sedan (automobile)|Sedan]]'''
|-
|[[File:2021 Hyundai Grand i10 sedan 1.2AT Base blue front view in Brunei.jpg|alt=|200x200px]]
! scope="row" |'''[[Hyundai Aura|Aura]]'''
|2020
|2020 ([[Hyundai Aura#AI3|AI3]])
|–
|-
|[[File:2020 Hyundai Verna SX(O) 1.5 Diesel front view (India).png|alt=|200x200px]]
! scope="row" |'''[[Hyundai Accent|Verna]]'''
|2006
|2017 ([[Hyundai Accent#HC|HCi]])
|2020
|-
|- bgcolor="#e0e0e0"
| colspan="5" |'''[[Sport utility vehicle|SUV]]/[[Crossover (automobile)|crossover]]'''
|-
|[[File:2020_Hyundai_Venue_Ultimate_2019-12-13_1.jpg|alt=|199x199px]]
! scope="row" |'''[[Hyundai Venue|Venue]]'''
|2019
|2019 ([[Hyundai Venue#QX|QXi]])
|–
|-
|[[File:2022 Hyundai Creta 1.6 Plus (Chile) front view.jpg|alt=|199x199px]]
! scope="row" |'''[[Hyundai Creta|Creta]]'''
|2015
|2020 ([[Hyundai Creta#SU2|SU2i]])
|–
|-
|[[File:2021 Hyundai Alcazar 2.0 Signature (India) front view.png|alt=|199x199px]]
! scope="row" |'''[[Hyundai Alcazar|Alcazar]]'''
|2021
|2021 ([[Hyundai Alcazar#SU2|SU2i LWB]])
|–
|-
|[[File:2022 Hyundai Tucson Preferred, Front Right, 05-24-2021.jpg|alt=|199x199px]]
! scope="row" |'''[[Hyundai Tucson|Tucson]]'''
|2005
|2022 ([[Hyundai Tucson#NX4|NX4]])
|
|-
|[[File:2019 Hyundai Kona Premium SE EV Automatic.jpg|alt=|199x199px]]
!'''[[Hyundai Kona Electric|Kona Electric]]'''
|2019
|2019 ([[Hyundai Kona#OS|OS]])
|–
|-
|
![[Hyundai Ioniq 5|Ioniq 5]]
|2022
|
|
|}

=== Discontinued models ===
* [[Hyundai Santro]] (1998–2014,2018-2022)
* [[Hyundai Accent]] (1999–2013)
* [[Hyundai Sonata]] (2001–2014)
* [[Hyundai Terracan]] (2003–2007)
* [[Hyundai Getz]] (2004–2009)
* [[Hyundai Santa Fe]] (2004–2017)
* [[Hyundai Elantra]] (2004–2022)
* [[Hyundai Eon]] (2011–2019)
* [[Hyundai Xcent]] (2014–2020)

==Sales and service network==
HMIL has 475 dealers and more than 1,300 service points across [[India]].<ref name="auto">{{cite web|url=https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/hyundai-motors-launches-service-campaigns/62280339|title=Hyundai Motors launches service campaigns – ET Auto|website=ETAuto.com}}</ref> <ref>{{cite web|title=Hyundai launches anniversary edition of Santro priced up to Rs 5.75 lakh |url=https://connectgujarat.com/hyundai-launches-anniversary-edition-of-santro-priced-up-to-rs-5-75-lakh/|publisher=Connect Gujarat|access-date=23 Oct 2019}}</ref> HMIL also operates its own dealerships known as Hyundai Motor Plazas in large metros across India. HMIL has the second largest sales and service network in India after [[Maruti Suzuki]].<ref>{{cite web|url=http://www.business-standard.com/article/management/hyundai-s-price-jolt-for-maruti-114031201116_1.html|title=Hyundai's price jolt for Maruti|first=Sharmistha|last=Mukherjee|date=12 March 2014|via=Business Standard}}</ref>

== Sales and exports ==
<center>
{| class="wikitable sortable" style="font-size:97%; text-align:right;"
|+Hyundai Motor India Limited annual sales
|-
!Year||Domestic sales||Exports||Total
|-
|1998||8,447||0||8,447
|-
|1999||17,627||20||17,647
|-
|2000||82,896||3,823||86,719
|-
|2001||87,175||6,092||93,267
|-
|2002||102,806||8,245||111,051
|-
|2003||120,325||30,416||150,741
|-
|2004||139,759||75,871||215,630
|-
|2005||156,291||96,560||252,851
|-
|2006||186,174||113,339||299,513
|-
|2007||200,411||126,749||327,160
|-
|2008||245,397||243,919||489,316
|-
|2009||289,863||270,017||559,880
|-
|2010||356,717||247,102||603,819
|-
|2011||373,709||242,330||616,039
|-
|2012||391,276||250,005||641,281
|-
|2013||380,000||233,260||613,260
|-
|2014||410,000||191,221||601,221
|-
|2015||476,001||167,268||643,269
|-
|2016||500,537||161,517||662,054
|-
|2017||527,320||150,901||678,221
|-
|2018||550,002||160,010||710,012
|-
|2019||510,260||181,200||691,460<br />
|}
</center>HMIL currently exports vehicles to over 92 countries across [[Africa]], [[Middle East]], [[Latin America]], [[Australia]] and [[Asia]]. It has been India's number one exporter for the last 10 years consecutively.{{when|date=April 2020}}

In February 2010 HMIL achieved a record export of 1 million units.

<ref>{{cite web|url=http://www.hyundai.com/in/en/AboutUs/HyundaiMotorIndia/WhoWeAre/index.html|title=Who We Are – HYUNDAI MOTOR INDIA – NEW THINKING. NEW POSSIBILITIES.|website=www.hyundai.com}}</ref> HMIL has been consecutively awarded "Top Exporter Of The Year" for 10 years by EEPC.The Highest Exported volume was 2,70,017 in year 2009. Now, it has moved down as fourth largest car exporter following Maruti Suzuki, [[Volkswagen India|Volkswagen]] and Nissan.<ref>{{cite web|url=https://www.thehindu.com/business/Industry/maruti-is-top-passenger-car-exporter-from-india/article19901821.ece|title=Maruti is top passenger car exporter from India|date=22 October 2017|via=www.thehindu.com}}</ref>

==Awards and achievements==
*'''Indian Car of the Year (ICOTY)'''{{fact|date=July 2021}}
**2008 — Hyundai i10
**2014 — Hyundai Grand i10
**2015 — Hyundai Elite i20
**2016 — Hyundai Creta
**2018 — Hyundai Verna
**2020 — Hyundai Venue
**2021 - Hyundai i20
*J D Power Appeal Awards 2016 demonstrating excellence of 'Made In India' Products as per global standards for Grand i10, Elite i20 & Creta.{{fact|date=July 2021}}
*JD Power Indian Customer Satisfaction Award 2017 – For Ranking Number 1 in After Sales Customer satisfaction.{{fact|date=July 2021}}

==Brand ambassador==
The carmaker got [[Shah Rukh Khan]] on board as its brand ambassador for the Hyundai Xcent, the company's recently launched sub-compact sedan in India. 1998, SRK shot his first TVC for the Hyundai Santro, and his association with the car brand has now turned 23.{{fact|date=July 2021}}

In 2010 Khan won the "Brand Ambassador of the Year" for Hyundai i10 at NDTV Profit Car and Bike Awards.{{fact|date=July 2021}}

Khan also promotes the "Be The Better Guy" road safety campaign for Hyundai.{{fact|date=July 2021}}

In July 2017, Hyundai India extended Khan's contract for two years.<ref>{{cite web|title=Shah Rukh Khan as brand ambassador for Hyundai Xcent in India |url=http://carandme.com/media/news/shah-rukh-khan-to-be-new-brand-ambassador-for-hyundai/ |publisher=CarAndMe.com |access-date=23 September 2013 |url-status=dead |archive-url=https://web.archive.org/web/20150622132422/http://carandme.com/media/news/shah-rukh-khan-to-be-new-brand-ambassador-for-hyundai/ |archive-date=22 June 2015 }}</ref><ref>{{cite web|title=Shah Rukh Khan as brand ambassador for Hyundai Xcent in India | url=http://www.zigwheels.com/news-features/news/shah-rukh-khan-roped-in-as-brand-ambassador-for-hyundai-xcent/19766/|publisher=ZigWheels.com|access-date=23 September 2013}}</ref>

== Hyundai Motor India Foundation ==
In 2021, the Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India Ltd., announced a new initiative, Art for Hope. It will work towards encouraging artists across various domains like digital arts, crafts, multidisciplinary arts, performance arts and visual arts. The project is scheduled to begin October 2021. Selected artists will get an opportunity to exchange ideas, complete an art project and be mentored by key industry people. The final projects will be displayed in art shows across India.<ref>{{Cite web|title=Hyundai’s ‘Art for Hope’ to aid artists|url=https://www.newindianexpress.com/cities/chennai/2021/sep/28/hyundaisart-for-hope-to-aid-artists-2364529.html|access-date=2021-09-30|website=The New Indian Express}}</ref>

==See also==
* [[Hyundai Motor Company]]
* [[Hyundai Kia Automotive Group]]
* [[Automobile industry in India]]
* [[List of Hyundai Motor Company manufacturing facilities]]

==References==
{{Reflist}}

==External links==
*[http://www.hyundai.co.in Hyundai Motor India Limited]

{{Hyundai Motor Company}}
{{Korean automobile industry}}
{{Automotive industry in India}}
[[Category:Hyundai Motor Company|India]]
[[Category:Car manufacturers of India]]
[[Category:Manufacturing companies based in Chennai]]
[[Category:Vehicle manufacturing companies established in 1996]]
[[Category:Indian subsidiaries of foreign companies]]
[[Category:1996 establishments in Tamil Nadu]]

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Hyundai Motor India