Hyundai Motor India Limited has informed the Exchange regarding a press release dated May 06, 2025, titled "Hyundai Motor India Celebrates 29 Glorious Years in India with 12.7 Million Units Sold Since Inception".
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Hyundai Motor India (HMIL) marked its 29th foundation day on May 6, 2025, highlighting cumulative sales of over 12.7 million units in India since 1996, including 3.7 million+ export units shipped to more than 150 countries. Over the past 29 years, HMIL has invested US $6 billion in its India operations. The company recently allocated INR 1,500 crore to revamp and modernise its Chennai manufacturing plant and is preparing to start operations at a new Talegaon, Maharashtra facility in Q4 CY2025, targeting a cumulative annual production capacity of 1 million units. HMIL is the largest passenger car exporter from India and contributed 18.5% of Hyundai Motor Company's global volumes in CY2024. Through its foundation (HMIF), it has spent INR 400 crore on CSR over the last five years, impacting over 2 million lives annually.
This is a brand-building milestone release with no direct financial impact for shareholders, but it reinforces HMIL's strong market positioning, export leadership, and capacity expansion plans that could support future revenue and margin growth.