The model launched in March 2014 commands 66 per cent market share in the premium compact segment in the Indian auto market.
"We are overwhelmed with customers' response by receiving unprecedented 1,50,000 domestic sales for the Elite i20. This reflects the strong customer connect and confidence on Hyundai products", Hyundai Motor India Ltd (HMIL) Senior Vice President (Sales & Marketing) Rakesh Srivastava said in a statement.
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With Elite i20, HMIL has fortified its position in the premium compact segment in India and demonstrated excellence of 'Made in India' products with global standards, the company said.
HMIL, the country's largest passenger car exporter, sells 10 models in India, including the recently launched compact sports utility vehicle Creta.