Business

Hyundai Motor India Marks 25 Years Of Exports; Ships Over 3.7 Million Cars Globally

Hyundai Motor India has completed 25 years of vehicle exports, having begun its overseas shipments in 1999. Over the years, the company has exported more than 3.7 million cars to over 60 countries.

In 2024, Saudi Arabia, South Africa, Mexico, Chile, and Peru emerged as Hyundai’s top export markets. The company exported a total of 1,58,686 cars during the year.

Among Hyundai’s export models, the i10 family-which includes the i10, Grand i10, and Grand i10 Nios-has seen over 1.5 million units shipped since production began in 2007.

The Verna family, including the Verna, Verna Transform, and Fluidic Verna, has exceeded 5,00,000 units in exports.

South Africa remains a key market, with Hyundai surpassing 1 million units in exports to the country.

In 2024, the company also introduced the Exter micro SUV to its South African lineup, making it the eighth made-in-India Hyundai model sold there.

Hyundai India’s export portfolio includes popular models such as the Creta, Alcazar, Verna, Exter, and i10.

Hyundai Aims To Be Top Export Hub Outside Korea: Unsoo Kim

Commenting on the milestone, Unsoo Kim, Managing Director of Hyundai Motor India Limited (HMIL), stated, “Hyundai Motor India Limited proudly stands as the largest exporter of passenger vehicles from India on a cumulative basis. Having exported over 3.7 million units over the last 25 years, HMIL has earned significant forex for the nation while putting India on the world map for its manufacturing strength. This is a testimony to the growing trust in Indian engineering and the popularity of Indian craftsmanship worldwide. Aiming to become the largest export hub for Hyundai outside South Korea, we aspire to continue our growth trajectory in the coming years. Aligned with our global vision of ‘Progress for Humanity,’ our commitment to serving global customers with a wide range of smart mobility solutions will continue to strengthen as we reinforce our focus on Make in India, Made for the World.”

Also Read: India’s GCC Lease Transactions Rise 15% In 2024: Knight Frank India

Mankrit Kaur

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