The lucky number 5 million goes to none other than Hyundai’s new successful car, Grand i10, which was launched last month. Apart from being the second largest car manufacturer, Hyundai is also the largest car exporter in the country. They have been operating in India since the last 15 years. Their plant is located near Chennai and has a production capacity of 6.8 lakh cars annually. Hyundai India’s investment in India stands at $2.7 billion.
Speaking on the occasion, Mr. B.S. Seo, MD and CEO, HMIL expressed, “The 5 Million Car Roll-Out is an important milestone and a symbol of Hyundai’s long-term commitment to the Indian market. As we reach this significant landmark, I would thank our valuable customers, founding partners, employees, dealers and suppliers for their support and commitment. We will continue to focus our efforts in the Indian automobile industry through investments and world-class products.”