- Receives the Gold Trophy for excellence in exports-
- Receives the Silver Trophy for Highest Foreign Exchange Earner -
Hyundai Motor India Ltd. (HMIL), the largest passenger car exporter and second largest car manufacturer in India, has been conferred with the coveted 'Niryat Shree’ Gold and Silver Trophies for 2008-09 by the Federation of Indian Export Organisations (FIEO). HMIL was awarded the Gold Trophy in the Engineering and Metallurgical products – Non-MSME category and the Silver Trophy in the Highest Foreign Exchange Earner category.
The award was given by Hon’ble Minister of State for Commerce and Industry, Shri Jyotiraditya Scindia, at a function organized by the FIEO in New Delhi yesterday evening. Instituted in 1996, the award recognizes the efforts of organizations that excel in the field of exports.
Receiving the award, Mr. Arvind Saxena Director - Marketing & Sales, HMIL said, “We are extremely delighted to receive this award from FIEO, the apex body of export promotion organizations in India. This recognition is an acknowledgement of our continuous efforts to make India the export hub for compact cars.”
HMIL is the first automotive company in India to achieve the export of 10 lakh cars in just over a decade, and exports vehicles to more than 115 countries across EU, Africa, Middle East, Latin America and Asia Pacific. It is the number one exporter of passenger cars in the country for the sixth year in a row.
HMIL exports 45% of its total production from India. HMIL started exporting with a batch of 20 cars to Nepal in the year 1999 and in less than a period of ten years it has increased its export market to span over 115 countries across continents. HMIL currently exports the Santro, i10, i20 and the Accent.
About HMIL
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Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. HMIL presently markets 7 models of passenger cars across segments. The A2 segment includes the Santro, i10 and the i20, the A3 segment includes the Accent and the Verna Transform, the A5 segment includes the Sonata Transform and the SUV segment includes the Santa Fe.
HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts of the most advanced production, quality and testing capabilities in the country. To cater to rising demand, HMIL commissioned its second plant in February 2008, which produces an additional 300,000 units per annum, raising HMIL’s total production capacity to 600,000 units per annum.
In continuation with its commitment to providing Indian customers with cutting-edge global technology, HMIL has set up a modern multi-million dollar research and development facility in the cyber city of Hyderabad. It aims to become a centre of excellence for automobile engineering and ensure quick turnaround time to changing consumer needs.
As HMC’s global export hub for compact cars, HMIL is the first automotive company in India to achieve the export of 10 lakh cars in just over a decade. HMIL currently exports cars to more than 110 countries across EU, Africa, Middle East, Latin America, Asia and Australia. It has been the number one exporter of passenger car of the country for the sixth year in a row. To support its growth and expansion plans, HMIL currently has a 301 strong dealer network and 613 strong service points across India, which will see further expansion in 2010.
Corporate website: www.hyundai.co.in