Hyundai has achieved 100% localization in key parts akin to tires, panoramic sunroofs, alloy wheels, and extra.

Bharat Mobility International Expo 2024: Hyundai Motor India Ltd. showcased its technologically superior merchandise on the first-ever Bharat Mobility International Expo 2024. Primarily based on the theme “Mobility for All”, the Hyundai Motor India Pavilion at Corridor 6, Pragati Maidan offered the corporate’s imaginative and prescient for India and highlighted its dedication to India.

Localization has been pivotal in Hyundai Motor India’s journey since its inception. Hyundai’s specialised localization zone exemplifies the intensive utilization of elements from Indian producers, showcasing the nation’s engineering prowess. Hyundai has achieved 100% localization in key parts akin to tires, panoramic sunroofs, alloy wheels, and extra.

The corporate can also be working in direction of enhancing localization ratio for manufacturing automobiles in India, together with key automobile parts, ECM-based Inside Rear View Monitor (IRVM), greater grade AGM know-how battery, and a variety of different parts. Reinforcing its dedication in direction of localization, a devoted group has been established to accentuate its efforts, significantly for high-volume fashions, aligning with the federal government’s “Make in India” initiative.

The zone not solely highlights Hyundai’s superior manufacturing facility in Sriperumbudur but additionally showcases the R&D facility in Hyderabad, company workplace in Gurugram, and the just lately acquired Maharashtra facility.

Hyundai has been a pioneer within the Indian vehicle business, introducing international applied sciences and options, and standardizing 6 airbags and 3-point seatbelts throughout its total vary.

In 2023, Hyundai Motor India signed an MoU with the federal government of Tamil Nadu, committing Rs 20,000 Crore over the following 10 years for capability enlargement, new merchandise, establishing a battery pack meeting facility, and bettering charging infrastructure.

In 2024, an extra dedication of Rs 6,180 Crore was declared by the corporate together with Rs 180 crore in direction of ‘Hydrogen Valley Innovation Hub’ in collaboration with IIT Madras.

Hyundai Motor India Ltd. (HMIL), a completely owned subsidiary of Hyundai Motor Firm (HMC), is India’s first good mobility options supplier and the primary automobile exporter since its inception.

HMIL presently operates with a sturdy community of 1,366 gross sales factors and 1,549 service factors throughout India. The sturdy mannequin line-up consists of 13 automobile fashions throughout segments, Grand i10 NIOS, i20, i20 N-Line, AURA, EXTER, VENUE, VENUE N-Line, VERNA, CRETA, ALCAZAR, TUCSON, KONA Electrical and all-electric SUV IONIQ 5. HMIL’s totally built-in state-of-the-art manufacturing plant close to Chennai boasts superior manufacturing, high quality, and testing capabilities. Hyundai Motor India Ltd. additionally types a important a part of HMC’s international export hub with exports spanning 88 nations throughout Africa, the Center East, Latin America, Australia, and Asia Pacific.