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Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the second largest passenger car exporter and the second largest car manufacturer in India. [5] Hyundai started the construction of the plant in the year 1996. December 10, 1996 the groundbreaking ceremony was done for Plant 1.
Formed in May 1996, Hyundai Motor India Limited (HMIL) started its operations producing its first model in September 1998, the Santro. HMIL is the global export hub for compact cars for emerging markets. HMIL has two manufacturing plants in Irungattukottai and Sriperumbudur in Tamil Nadu, both near the city of Chennai. In 2021, the cumulative ...
In 1996, Hyundai Motor India Limited was established with a production plant in Irungattukottai near Chennai, India. [21] In 1998, Hyundai began to overhaul its image in an attempt to establish itself as a world-class brand. Chung Ju-yung transferred leadership of Hyundai Motor to his son, Chung Mong-koo, in 1999. [22]
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On 17 June 2024, Hyundai Motor India announced its commencement of an initial public offering (IPO) process to list on the Mumbai-based Bombay Stock Exchange. [ 11 ] [ 12 ] Hyundai Motor Group announced plans to invest a record $16.7 billion in South Korea in 2024, focusing on green technologies and future mobility, marking its largest annual ...
The Hyundai Exter is an A-segment crossover SUV manufactured by the South Korean automaker Hyundai. The model was unveiled on 8 May 2023 for the Indian market. The model was unveiled on 8 May 2023 for the Indian market.
Hyundai Motor India Limited: Passenger vehicles Hosur: Caterpillar Inc. Commercial vehicles Tiruvallur, Chennai [16] Mitsubishi, Groupe PSA: Passenger vehicles Oragadam, Chennai [42] Renault India Private Limited, Datsun, Nissan Motor India Private Limited: Passenger vehicles Ennore, Chennai [19] Ashok Leyland: Commercial vehicles Hosur [19 ...
Based on the Hyundai Grand i10, the Xcent is a sedan manufactured by Hyundai Motor India Limited in Chennai. [1] [2] The Xcent was launched on 12 March 2014, being conceived to fit in the popular sub-4 metre sedan segment in India which emerged after the government imposed larger tax for cars longer than 4,000 mm (157.5 in) in length.