Hyundai Motor India has launched the 10 millionth Indian-made car, the Alcazar SUV, from its manufacturing plant in Sriperumbudur near Chennai, Tamil Nadu. This production milestone was achieved 23 years after the Korean automaker started operations at Hyundai’s first integrated plant outside of Korea in September 1998.
- Hyundai achieves production milestone in 273 months
- Hyundai Alcazar is the 100,000th car to roll off the assembly line
From the start of production of the first car to the launch of today’s landmark 100,000th car, Hyundai Motor India has spent a full 273 months or less than 23 years to achieve this goal. The automaker launched its 9 millionth car in 2019, and the 8 millionth model rolled off the assembly line in 2018.
Commenting on the launch of the 10 millionth car, SS Kim, General Manager and CEO of Hyundai Motor India, said: “This historic milestone is a testament to Hyundai Motor’s commitment to India’s manufacturing plan. In addition, it demonstrates our promotion of Thailand’s manufacturing plan. The vision of Milnadu’s socio-economic development and making the country more self-reliant.”
Made in India. .. For the world
For Hyundai Motor, it has been a quarter of a century since the start of its manufacturing journey in India, and the automaker has completed 25 years in India this year. On May 6, 1996, Hyundai Motor India officials laid the foundation stone at the Irungattukkottai manufacturing plant in Sriperumbudur, and its first car, the Santro, rolled off the assembly line in 1998. The automaker’s second factory in Chennai was completed in 2008. The installed capacity of these two plants is 7,50,000 units per year.
India’s manufacturing export leader
Hyundai Motor India won the title of No. 1 exporter of India-made passenger vehicles (PV) from Ford India in fiscal year 2020 and maintained this title in fiscal year 2021. In fiscal year 2019, this South Korean car manufacturer is a far cry from India’s largest photovoltaic exporter with 696 units!
The Korean automaker’s total shipments in fiscal 2021 were 1,04,342 units, ahead of Maruti Suzuki India, which exported 94,938 units. Hyundai Motor India uses Verna and New Creta as the driving force for its export demand.
At the beginning of 2020, Hyundai Motor India broke the milestone of 3 million passenger car exports.
Upcoming Indian models
With brand new Alcazar SUV is now on sale, Hyundai’s next major launch in the Indian market is expected to be its Mini SUV codenamed AX1. AX1 will compete with products like Tata HBX and has been tested on international roads.
Hyundai Motor has also begun to make changes to the popular Creta SUV. The updated SUV may make its debut in the global market next year.
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