Hyundai Motor India Ltd, India’s second-largest carmaker, announced on Wednesday at its plant in Kanchipuram district had produced 10 million cars. While the company’s first model, the Santro, rolled off the assembly lines roughly 25 years ago, it was the company’s most recent model, the Alcazar, that became the historic 10 millionth car. M.K. Stalin, the Chief Minister of Tamil Nadu, was present at the facility and signed the car’s hood to commemorate the occasion.
Hyundai Motor, the country’s top car exporter, surpassed the three million vehicle export milestone in early 2020, shipping to 88 countries and setting various export records – 5 lakh exports in March 2008, 10 lakh exports in February 2010, and 20 lakh exports in March 2014. The company shipped 1,04,342 units in the previous fiscal year.
With the exception of the first two million cars, which took more than two years to produce, Hyundai Motor has been able to produce successive million cars in less than two years time.
S.S.Kim, Managing Director & CEO said “This historic milestone of the 10 millionth car roll-out is a testimony of Hyundai’s commitment towards the Make in India initiative”
On Wednesday, Hyundai Motor also announced community development initiatives such as the launch of the Dream Village Project 2.0 – Construction of a Child Care Center benefiting 500 people annually and a Community Hall with a capacity of 1,500 people in Katrambakkam village in Sriperumbudur; and the launch of an Income-Generation Program (Dairy Farming) for rural women benefiting 200 families in Kancheepuram district.
Get more stuff like this
in your inbox
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.