Categories: Business

Hyundai Motor India: Celebrates 25 yrs of car exports from India, reaches 60 countries

Hyundai Motor India Ltd (HMIL), the country’s second-largest carmaker, said it has reached a major milestone in the country, completing 25 years of exports from India. Since its export journey began in 1999, the company has shipped over 3.7 million Made-in-India vehicles to global markets and it is aiming to become the largest export hub for Hyundai outside South Korea.

Hyundai vehicles manufactured in India have been exported to over 150 nations over the years, with current exports reaching more than 60 countries. In 2024 alone, Hyundai exported 158,686 vehicles, with Saudi Arabia, South Africa, Mexico, Chile, and Peru emerging as its top overseas markets. The Hyundai i10 family surpassed 1.5 million exports, while the popular VERNA model crossed the 500,000 mark, according to a statement.

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HMIL’s Managing Director, Unsoo Kim, stated that Hyundai’s role in earning valuable foreign exchange for India and strengthening the country’s reputation as a global automotive manufacturing hub. “This is a testimony to the increasing trust in Indian engineering and the popularity of Indian craftsmanship worldwide. Aiming to become Hyundai’s largest export hub outside South Korea, we aspire to continue our growth trajectory in the coming years,” he added.

Hyundai also surpassed the milestone of exporting over 1 million vehicles to Africa, with the Hyundai Exter making its debut in South Africa in 2024. Manufactured exclusively in India, the Exter is the eighth Hyundai model introduced to the South African market.

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Over the years, models such as the Creta, Alcazar, Verna, Exter, and i10 have gained significant popularity overseas, helping Hyundai Motor India achieve success in the global automotive landscape.

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