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Hyundai India exports 5000 vehicles in May 2020

Emphasizes on localization to accelerate economic recovery

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Hyundai, Hyundai Motor India, Make in India, Self-reliant India, S S Kim, Progress for Humanity

Hyundai Motor India (HMIL) has reinforced its commitment to support the Government’s ‘Make in India’ vision with more than 5000 export units for May 2020.

In line with the Government’s vision of ‘Self-reliant’ India and to support the State and Central Government’s objective of promoting economic revival, Hyundai began production at its plant on May 8 producing more than 5000 units for export market.

Speaking about Hyundai’s Export Strategy, S S Kim, MD & CEO, Hyundai Motor India said, “We began our export operations in India in 1999 with an objective to propagate ‘Make in India – Made for the World’. In line with our global strategy, we have now exported more than 3 Million vehicles to 88 countries which reaffirm our commitment to the country.”

“We have once again made a humble beginning towards normalcy by exporting more than 5000 units in May 2020. This is a testimony of Hyundai’s resilient efforts towards localization and to accentuate economic recovery. Drawing strength from Hyundai’s vision of ‘Progress for Humanity’ we will continue to offer all-round premium experience to our customers through our quality products, both in India and global markets”, he added.

In the last 20 years, since inception, Hyundai has cemented its position as the leading exporter of passenger cars exporting more than 3 Million vehicles. In CY 2019, Hyundai Motor India exported 181 200 units with 792 Customised variants according to country specific preference and demand. With a market share of 26% in CY 2019 to the total exports of passenger cars from India has made Hyundai a significant contributor to the Indian automobile industry.

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