Tuesday, December 8, 2009

Milestone #2: Hyundai crosses 25 Lakh Car Production in India

Let me settle things first. This blog is not a Hyundai PR Website. Now that things are clear, let me also state that I wish that there are some other automobile companies to rival Hyundai in constantly attracting media attention and being in spotlight. Seriously, this Korean company is not only growing globally in terms of sales, models, profits and brand image but is also setting milestones across the globe. Following my previous post of Hyundai's milestone in Alabama (USA), it is now the turn of it's Indian subsidiary Hyundai Motor India (HMI) to achieve a significant milestone.



The cumulative production of cars in it's plant at Sriperumbudur, 35 kms from the auto hub of Chennai, crossed 25 Lakh units today (08-Dec-2009). Hyundai started operations in India in the year 1998 after completing the construction of the greenfield facility in a record time of 17 months. The first car "Santro" was launched in September 1998 and it went off to become one of the most popular cars to be made in India with a total cumulative sales of 15 Lakh units till date. Cars like the Accent, Sonata, Getz, Elantra, i10 & the recent i20 have followed the Santro and continued the legacy of Hyundai in India. Of the total 25 Lakh units produced, approximately 16 Lakh units were sold in India and 9 Lakh units were exported.


Hyundai Motor India has always been a trendsetter of sorts in our country and this event is no exception. Hyundai has achieved this milestone in just a little over 10 years - the fastest in India and only the second auto manufacturer after Maruti to achieve this milestone.

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