About the Company

 

Hyundai Motor India Limited (HMIL) is now in its 30th year as one of India’s foremost premium and smart mobility solutions providers, with a portfolio of 14 models, 824,000 units of annual manufacturing capacity, 1,419 sales outlets and 1,606 service touchpoints across the country. Its export footprint spans 60+ countries, underscoring a strong India-for-the-world orientation.  The Company operates two fully integrated plants at Sriperumbudur, near Chennai—Plant 1 (commercial operations in 1997) and Plant 2 (2008)—and is redeveloping a third facility at Talegaon, Pune, expected to become operational in phases.  HMIL serves customers pan-India and exports to 61 countries.  It has two subsidiaries and no associates or joint ventures.

 

Key milestones include the successful completion of a US$ 3.3 billion initial public offering—the largest-ever in India—and listing on Indian stock exchanges on October 22, 2024. HMIL was subsequently included in the MSCI Global Index and entered the NIFTY Next 50 and BSE 500 indices. The Company reports an impressive market position, with SUVs contributing 69% of domestic sales in FY 2024-25 and cumulative sales surpassing 12.7 million (domestic plus exports) as of March 2025.

 

HMIL’s offerings span passenger vehicles and related services supported by a nationwide dealer and service network, an engineering centre, and customer convenience initiatives such as the Doorstep Service Programme for after-sales in rural and emerging markets.

 

Business Segments:

 

Revenue mix by geography (FY 2024-25): Domestic 78.04%; Exports 21.96%.

 

Key Management

• Unsoo Kim – Managing Director
• Tarun Garg – Whole-time Director & Chief Operating Officer
• Wangdo Hur – Whole-time Director & Chief Financial Officer
• Gopalakrishnan CS – Whole-time Director & Chief Manufacturing Officer
• Pradeep Chugh – Company Secretary & Compliance Officer

 

Latest Updates:

• Landmark IPO and listing: During FY 2024-25, HMIL completed a US$ 3.3 billion IPO—the largest-ever in India—and listed its equity shares on October 22, 2024. The Company was later included in the MSCI Global Index and added to the NIFTY Next 50 and BSE 500 indices.
• Product and portfolio actions: HMIL executed 20 strategic product interventions, including launches and upgrades such as CRETA Electric (first mass EV in its India line-up), alongside enhancements to models like Nios, EXTER (Dual Cylinder CNG), VENUE and AURA. SUVs comprised 69 Per cent of domestic sales in FY 2024-25.
• Capacity and investments: HMIL announced capital investment plans focused on capacity expansion at the Pune plant, technology upgrades and process improvements; during the year, it invested Rs 5,626 crore entirely from internal accruals.  The Talegaon (Pune) plant is under redevelopment and expected to commence operations in phases.
• R&D and partnerships: To advance alternative fuels, HMIL signed a Rs 100 crore Memorandum of Understanding with IIT Madras to establish the Hyundai HTWO Innovation Center, aimed at accelerating India’s green-hydrogen ecosystem.
• Export milestones: HMIL marked 25 years of exports, crossing 3.7 million vehicles shipped cumulatively to over 150 countries.