Business Economy


Make in India, Made for the world Hyundai ‘Brand i10’ exceeds 3 mn sales milestone

Chennai, Apr 28 (UNI) Committed to the vision of ‘Make in India, Made for the World,’ passenger
car makers Hyundai Motor India Limited (HMIL) on Monday announced that its brand i10 has
scaled over 3.3 million unit sales in India and export markets.
Of these, HMIL has sold over 2 million units in India, and exported 1.3 million units to more than
140 countries.
The top export markets for brand i10 include South Africa, Mexico, Chile and Peru. HMIL stands strong as India’s largest exporter of passenger vehicles cumulatively, fortifying its position as an export hub for the company globally,a HMIL release here said.
Mr. Unsoo Kim, Managing Director, HMIL said, “We are proud of the landmark achievement of surpassing 3 million cumulative sales of HMIL’s brand i10. With over 2 million units sold in India
and over 1.3 million units exported to global markets, brand i10 stands as a shining example of HMIL’s commitment to delivering world-class products. What makes this milestone even more
special is the fact that the current generation of i10 has achieved up to 91.3% localization for
the domestic market, while it is 91.4% for the export models."
"This success reflects the trust of our customers, the strength of Indian manufacturing, and HMIL’s dedication to creating smart mobility solutions for the world", he said.
"With our upcoming plant in Maharashtra, we intend to expand exports to emerging as well as developed markets, increasing contribution of exports to overall sales and solidifying our commitment to Make in India, For the World”, he said.
UNI GV 2055
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