Hyundai Motor India exports over 5k units in May

New Delhi: The newly launched compact SUV – Hyundai Venue on display, in New Delhi on May 21, 2019. (Photo: IANS)

New Delhi, May 30 (IANS) Automobile major Hyundai Motor India on Saturday reported to have exported more than 5,000 units during May 2020.

Accordingly, the company said that in-line with the government’s vision of ‘Self-reliant’ India and to support the objective of promoting economic revival, Hyundai re-started its plant on May 8 producing more than 5,000 units for export market.

“We began our export operations in India in 1999… In line with our global strategy, we have now exported more than 3 Million vehicles to 88 countries which reaffirm our commitment to the country,” S.S. Kim, MD and CEO, Hyundai Motor India was quoted as saying in a statement.

“We have once again made a humble beginning towards normalcy by exporting more than 5 000 units in May 2020. This is a testimony of Hyundai’s resilient efforts towards localization and to accentuate economic recovery.”

At present, the company is exporting 10 models namely – “ATOS (SANTRO), GRAND i10, XCENT, GRAND i10 (NIOS) & GRAND i10 (AURA), ELITE i20, i20 ACTIVE, ACCENT (VERNA), VENUE and All New CRETA”.

Globally, Hyundai Exports ‘Made-In-India’ cars to 88 Countries in 4 continents.

In CY 2019, Hyundai Motor India exported 181,200 units with 792 customised variants according to country specific preference and demand.

“With a market share of 26 per cent in CY 2019 to the total exports of passenger cars from India has made Hyundai a significant contributor to the Indian automobile industry,” the statement said.

 

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