Hyundai rolls out 10 millionth car from its Chennai plant Hyundai achieved a new production milestone as the 10 millionth car rolled out of its manufacturing unit near Chennai.
Hyundai began manufacturing operations in India in September 1998 with the commissioning of Hyundai’s first integrated car manufacturing plant outside Korea. It has an installed annual capacity of 7.5 lakh units.
The Hyundai factory at Sriperumbudur produced its 1 millionth vehicle in 2006, 7 years and 6 months after production first began. The next milestone of 5 million units was achieved in 2013. The jump from 9 million to 10 million units was achieved in just 1 year and 9 months. The 10 millionth car was an Alcazar.
In May 2021, Hyundai achieved its highest ever market share of 24%. The carmaker exported 1,04,342 passenger cars between April 2020 and March 2021. Over 2 lakh units of the Creta and Venue have been shipped to markets like Mexico, Saudi Arabia, South Africa, Nepal and Chile. The new i20 is also exported to markets across Africa and Latin America. Link to Team-BHP News Article |