Latest news with #HMIL
Business Standard
4 days ago
- Automotive
- Business Standard
Hyundai Motor rises as passenger vehicle engine production begins at Talegaon plant
Hyundai Motor India (HMIL) rose 1.02% to Rs 1,956.85 after the company announced that it has successfully commenced the production of Passenger Vehicle Engines at its Talegaon Plant. The said plant located at MIDC Talegaon Industrial Area, Pune, the facility began operations on 16 June 2025. Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured. The companys consolidated net profit declined 3.7% to Rs 1,614.35 crore despite a 1.2% increase in revenue from operations to Rs 17,527.25 crore in Q4 FY25, compared to the same period last year.
New Indian Express
4 days ago
- Automotive
- New Indian Express
Hyundai commences PV engine production at Talegaon plant
Hyundai Motor India (HMIL) has commenced production of passenger vehicle engines at its Talegaon manufacturing facility in Maharashtra. Hyundai had acquired the Talegaon plant from General Motors in 2023 as part of its strategy to enhance local manufacturing capacity. 'The Company has successfully commenced production of Passenger Vehicle Engines at its Manufacturing Facility 'Talegaon Plant' located at Plot No. A-16, MIDC, Talegaon Industrial Area, Phase-II Expansion, Tehsil-Maval, Dist. Pune – 410 507, Maharashtra, with effect from today, i.e. June 16, 2025,' said HMIL in a regulatory filing. It added that intimation regarding the commencement of production of passenger vehicles at the Talegaon plant will be made separately in due course. The Talegaon plant has an existing annual production capacity of 130,000 units. Last year, Hyundai had signed MoUs with the state governments of Tamil Nadu and Maharashtra, committing an overall investment of Rs 32,000 crore The South Korean carmaker has plans to increase the overall production capacity to 1.1 million units per annum by 2028. Hyundai Motor India recently reported a 4% decline in its consolidated profit after tax to Rs 1,614 crore for the fourth quarter of FY25. It has reported a PAT of Rs 1,677 crore in Q4 of FY24. The company had sold 153,550 units in the domestic market in the fourth quarter against 160,317 units in the same period of FY24.
Hans India
11-06-2025
- Automotive
- Hans India
Hyundai Motor India Foundation Inaugurates Adhikaar Connect Kendra in Gurugram
Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India Limited (HMIL), inaugurated the Adhikaar Connect Kendra in Gurugram, Haryana, under its social inclusion initiative - Project Adhikaar. The centre aims to strengthen the efforts by enabling digital access to empower citizens to avail their rightful entitlements under various central and state welfare, and social security schemes. The centre is expected to unlock government benefits worth INR 200 crore over the next three years by offering personalized assistance to citizens, including eligibility screening, documentation support, and application facilitation for a wide array of central and state welfare schemes. With a vision to positively transform over 90,000 lives by 2028, the centre will offer end-to-end support, including eligibility screening, application processing and real-time entitlement tracking, facilitated by a cadre of trained female community entrepreneurs known as Adhikaar Sakhis, besides male volunteers. Commenting on the launch of Adhikaar Connect Kendra, Puneet Anand, AVP & Vertical Head - Corporate Affairs, Corporate Communication & Social, HMIL said, 'The inauguration of Adhikaar Connect Kendra in Gurugram marks a pivotal step in our journey towards building a more equitable and empowered society. Through this initiative, we aim to bring dignity, simplicity, and transparency to every citizen's interaction with government welfare schemes, unlocking rightful benefits worth over INR 200 crore over the next three years. This effort goes beyond access; it is about enabling self-reliance and long-term empowerment. We believe when individuals are informed, supported, and digitally included, they are better equipped to shape their own futures, and this is the transformation we are committed to driving through Project Adhikaar.' Each beneficiary will be issued a Yojana Card - A dignified digital identity enabling real-time access to benefits and record-keeping. The Adhikaar Connect Kendra will also function as a knowledge and empowerment hub, offering services such as digital tools, financial literacy training, and skilling programs to help citizens in their journey of empowerment. Speaking at the launch of Adhikaar Connect Kendra, Ajay Kumar, Deputy Commissioner, Gurugram, Haryana said, 'Today marks a significant step towards inclusive governance and social empowerment in Gurugram. With the launch of the Adhikaar Connect Kendra, there is now a robust mechanism to bridge the gap between the people and the public welfare schemes meant to uplift them. Far too often, awareness and access have been barriers for the deserving and this initiative changes that, ensuring no eligible citizen misses out on their rightful benefits. I commend the vision of Hyundai Motor India Foundation to support this initiative that will have a huge impact on the lives of people, and I urge every resident to take full advantage of the services available to them.' This jointly curated initiative is being implemented on-ground through Haqdarshak Empowerment Solutions Private Limited, HMIF's trusted implementation partner for this project. Haqdarshak brings deep expertise in delivering last mile welfare delivery through digital and human assisted models. The community-based approach, backed by strong technology infrastructure and trained field agents plays a pivotal role in identifying beneficiaries, onboarding Adhikaar Sakhis, and ensuring end-to-end support for citizens through the Kendra. With the launch of Adhikaar Connect Kendra, a new chapter begins in the journey towards accessible governance and citizen-first service delivery. As the centre opens its doors to the people of Gurugram, Haryana, it stands as a symbol of what is possible when innovation, inclusion, and intent come together.
India.com
05-06-2025
- Automotive
- India.com
Hyundai Motor India Targets 7–8% Growth in Exports for FY 2025-26, Eyes Role as Brand's Largest Export Hub Outside Korea
New Delhi: Hyundai Motor India Limited (HMIL) is eyeing a 7–8% growth in export volumes for the financial year 2025–26, as it marks 25 years of vehicle exports from India. The company has set its sights on becoming Hyundai's largest export hub outside of South Korea. Having begun its export operations in 1999 from Chennai Port, HMIL has shipped more than 3.7 million India-made vehicles globally, maintaining its position as the country's largest cumulative exporter of passenger vehicles. In FY 2024–25 alone, Hyundai exported 1,63,386 units, with Saudi Arabia, South Africa, Mexico, Chile, and Peru ranking among its top international markets. The automaker currently exports to over 60 countries and has a lineup of nine tailor-made products for overseas markets, including models like the Hyundai CRETA, CRETA Electric, ALCAZAR, EXTER, VENUE, AURA, VERNA, Grand i10 NIOS, and i20. HMIL recently commenced exports of the CRETA Electric to select neighbouring countries. 'In 2024-25, HMIL reached a significant milestone by completing 25 years of exports from India,' said Unsoo Kim, Managing Director, Hyundai Motor India Limited. 'As we aim to become Hyundai's largest export hub outside South Korea, we expect strong momentum to continue, with export volumes projected to grow by 7–8% in FY26.' Chennai Port has played a critical role in HMIL's export success. Shri S. Kirupanandasamy, Traffic Manager at Chennai Port Authority, noted the port's long-standing partnership with Hyundai. 'As the largest automobile export port in the Bay of Bengal, Chennai Port has served as a vital gateway for Hyundai's global shipments since 1999. Our dedicated facilities, including a holding yard for over 4,000 vehicles, support seamless export operations.' The company has achieved several export milestones faster than any other OEM in India – reaching 1 million units by 2010, 2 million by 2014, and 3 million by 2020. With a global strategy aligned to its 'Progress for Humanity' vision, Hyundai Motor India remains committed to expanding its footprint in emerging markets and reinforcing India's role as a major global automotive manufacturing base.
Hans India
05-06-2025
- Automotive
- Hans India
Hyundai Motor India Limited launches ‘Listen to your Dil or the Deals. You will bring home a Hyundai!' campaign featuring Pankaj Tripathi
Hyundai Motor India Limited (HMIL) today launched a brand-new campaign titled 'Listen to your Dil or the Deals. You will bring home a Hyundai!' featuring its newly onboarded brand ambassador and acclaimed actor, Pankaj Tripathi. Set in a charming neighborhood, the campaign film presents a witty and lighthearted exchange between Pankaj Tripathi and his neighbors, where he humorously shows off features in his Hyundai EXTER, all while asking if his neighbor's car has those features or if he at least managed to grab the best deals on their new car. The campaign reinforces that when it comes to amazing deals or choosing what your heart truly desires, Hyundai stands out as the natural choice. Pankaj's trademark flair and effortless charisma breathe life into the narrative, making the campaign both memorable and relatable. Speaking on the launch of the new campaign, Virat Khullar, Vertical Head, Marketing, HMIL, said, 'Listen to your Dil or the Deals. You will bring home a Hyundai! is more than just a campaign, it's a celebration of HMIL's long-standing promise to deliver feature-rich and trustworthy vehicles with exceptional value and ownership experience. Launching the campaign at this point in time is a strategic decision as car purchase is often a long and thoughtful journey and by launching the campaign well ahead of the festive season, we aim to secure early mindshare, influence intent and embed Hyundai in consumer's consideration set. With Pankaj Tripathi's natural charm and credibility, we've created a campaign that not only entertains but also reinforces the confidence customers place in the Hyundai brand. It perfectly reflects our commitment to staying connected with our customers through every mile of their journey.' The 360-degree campaign will run across TV, print, digital, and radio platforms, ensuring extensive reach and engagement with audiences across India. Through this integrated communication, HMIL continues to build on its legacy of trust, care, and technological excellence. To resonate deeply with regional audiences, the TVC is presented in seven regional languages: Gujrati, Marathi, Bengali, Kannada, Malayalam, Tamil, and Telugu, ensuring a powerful and lasting impact across diverse geographies. Rooted in HMIL's core values of innovation, reliability, trust, and value, the 'Listen to your Dil or the Deals. You will bring home a Hyundai!' campaign strikes a perfect balance between fun and reassurance, capturing the essence of what makes a Hyundai vehicle stand out in a competitive market. The campaign reminds everyone that behind every Hyundai car is a promise of care, trust and reliability.
