Hyundai Motor India Limited was incorporated on May 6, 1996 as a public limited company under the Companies Act, 1956, with the name ‘Hyundai Motor India Limited’, pursuant to a certificate of incorporation granted by the Registrar of Companies, Tamil Nadu and subsequently, a certificate of commencement of business dated May 10, 1996 was issued to the company by the Registrar of Companies, Tamil Nadu.
Hyundai Motor India is a part of the Hyundai Motor Group, the largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY2023. Hyundai Motor India is a wholly owned subsidiary of Hyundai Motor Company (HMC). The company has been the second largest auto OEM in the Indian passenger vehicles market since Fiscal 2009 (in terms of domestic sales volumes). The company has a track record of manufacturing and selling four-wheeler passenger vehicles that are reliable, safe, feature-rich, innovative and backed by latest technology. This is demonstrated in its portfolio of many models across multiple passenger vehicle segments by body type such as sedans, hatchbacks, sports-utility vehicles (SUVs) and battery electric vehicles (EVs). The company also manufactures parts, such as transmissions and engines that it uses for its own manufacturing process or sales. It has been India’s second largest exporter of passenger vehicles from April 1, 2021 through June 30, 2024.
It primarily manufactures and sells four-wheeler passenger vehicles and parts, such as transmissions and engines in India and outside India. Since 1998 and up to June 30, 2024, the company has cumulatively sold more than 12 million units of passenger vehicles in India and through exports. Its current market position is because of (i) its wide product offerings, (ii) stakeholder relationships and operations; (iii) the strong Hyundai brand in India; (iv) its ability to leverage new technologies to enhance operational and manufacturing efficiency; and (v) its ability to expand into new businesses such as EVs through innovation.
Business area of the company
The company primarily manufactures and sells four-wheeler passenger vehicles and parts, such as transmissions and engines in India and outside India.
Products of the company
Compact sedans - Aura
Premium sedans - Verna
Compact hatchbacks - Grand i10 NIOS
Premium hatchbacks
- i20
- i20 N Line
Compact SUVs
- Exter
- Venue
- Venue N Line
Mid-size SUVs
- Creta
- Creta N Line
Large SUVs
- Alcazar
- Tucson
- IONIQ 5
Awards, accreditations and recognition
- 2000: Hyundai Santro awarded ‘Most Appealing Small Car’ at the J.D. Power Asia Pacific- India Initial Quality Study Awards.
- 2001: Hyundai Accent awarded ‘Most Appealing Entry Midsize Car’ at the J.D. Power Asia Pacific- India Initial Quality Study Awards.
- 2002: Hyundai Santro awarded ‘Most Appealing Premium Compact Car’ at the J.D. Power Asia Pacific India Initial Quality Study Awards
- 2008: Hyundai i10 awarded ‘Indian Car of the Year’ at the ICOTY Awards.
- 2008: ‘Top Exporter of the Year’ in the ‘Large Enterprise’ category by Engineering Exports Promotion Council.
- 2010: ‘Best Brand Award 2010’ at the Apollo Awards India.
- 2013: ‘Top Exporter of the Year’ in the ‘Large Enterprise’ category by Engineering Exports Promotion Council.
- 2014: ‘Top Exporter of the Year’ in the ‘Large Enterprise’ category by Engineering Exports Promotion Council.
- 2014: Hyundai Grand i10 awarded the ‘Indian Car of the Year’ at the ICOTY Awards.
- 2015: Hyundai Elite i20 awarded the ‘Indian Car of the Year’ at the ICOTY Awards.
- 2016: ‘Certificate of Achievement for best Auto CXO’s - Best Production Function’ at the World Auto Forum Awards.
- 2016: Hyundai Creta awarded ‘Indian Car of the Year’ at the ICOTY Awards.
- 2018: Hyundai Verna awarded ‘Indian Car of the Year’ at the ICOTY Awards.
- 2018: Awarded the ‘Excellent Efficient Energy Unit’ at the CII National Energy Management Awards.
- 2020: Hyundai Venue awarded ‘Indian Car of the Year’ at the ICOTY Awards.
- 2020: Awarded the ‘Excellent Efficient Energy Unit’ at the CII National Energy Management Awards.
- 2020: Awarded the ‘National Energy Leader’ at the CII National Energy Management Awards in Energy Management.
- 2021: i20 awarded ‘Indian Car of the Year at the ICOTY Awards.
- 2021: Awarded ‘Manufacturer of the Year’ at the Autocar awards.
- 2021: Awarded the ‘Excellent Efficient Energy Unit’ at the CII National Energy Management Awards.
- 2021: Awarded the ‘National Energy Leader’ at the CII National Energy Management Awards in Energy Management.
- 2022: Awarded the 'Indian Manufacturer of the Year' at India Manufacturing Excellence Awards.
- 2022: Awarded the ‘Best innovation (Digitization and Personalisation in After Sales)’ Award at the World Auto Forum.
- 2023: Awarded the ‘Manufacturer of the Year’ at the Car India Awards.
- 2023: Awarded ‘Excellence in Manufacturing in 2023- 3rd edition’ at the CII Pinnacle Awards.
- 2023: Awarded the ‘Best CSR Initiative’ at the Autocar Awards.
- 2023: Awarded the ‘Excellence in Manufacturing under the category of Large Enterprise’ at the CII Pinnacle Awards.
- 2023: Awarded the ‘Most Trusted Brand of the Year - 4 Wheeler’ at the Auto Awards.
- 2023: Awarded the ‘Shield of Trust’ at the World Auto Forum Awards.
- 2024: Awarded the ‘6th Social Impact Award’ by the Indian Chambers of Commerce.
- 2024: Hyundai IONIQ 5 awarded ‘Green Car of the Year’ at the ICOTY Awards.
- 2024: Hyundai Exter awarded ‘Indian Car of the Year’ at the ICOTY Awards.
- 2024: ‘Top Exporter of the Year’ by Engineering Export Promotion Council.
History and milestones
- 1998: Commenced production at its plant in Chennai.
- 1998: Launch of Hyundai Santro (Atos) in India.
- 2006: Launch of VERNA
- 2006: Production of 10,00,000th car in India.
- 2007: Start of production at its second plant at Chennai.
- 2015: Global launch of the SUV CRETA.
- 2019: Launch of India’s first fully electric mass-market SUV, the ‘KONA Electric’ and a fully connected SUV ‘VENUE’ with Global BlueLink Connectivity Technology.
- 2020: Accomplished the export of over three million vehicles Launched ‘Click to Buy’ platform to facilitate online car purchasing experience for customers.
- 2021: Introduction of the N LINE brand in India Production of ‘10 millionth’ car in India.
- 2023: Launch of Hyundai IONIQ - 5 in India.
- 2023: Acquisition of the plant at Talegaon, Pune from General Motors India Private Limited.