Hyundai Motor India IPO

Hyundai Motor India Limited plays a crucial role within the Hyundai Motor Group, recognised as the world’s third-largest auto OEM based on passenger vehicle sales in CY2023. Since Fiscal 2009, the company has consistently held the position of India’s second-largest auto OEM in terms of domestic sales volumes.

Hyundai Motor India Limited offers a diverse portfolio of 13 models spanning sedans, hatchbacks, SUVs, and EVs, known for their reliability, innovation, and integration of advanced technology. As India’s leading exporter of passenger vehicles since Fiscal 2005, Hyundai Motor India Limited has achieved substantial market presence and operational excellence.

As of March 31, 2024, the company had sold nearly 12 million vehicles cumulatively in India and through exports. This success can be attributed to its wide-ranging product offerings, strong stakeholder relationships, operational efficiency, and proactive adoption of new technologies.

The company prioritises local sourcing, with approximately 90% of its parts and materials procured locally, thereby enhancing operational efficiency and supporting a responsive supply chain. Hyundai Motor India Limited boasts a robust dealer and service network, encompassing over 1,366 sales outlets and 1,550 service centers across India.

Hyundai Motor India Limited remains committed to advancing mobility solutions in India, evidenced by its investments in EV manufacturing infrastructure and sustainable practices.