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Hyundai Motor India Targets 7–8% Growth in Exports for FY 2025-26, Eyes Role as Brand's Largest Export Hub Outside Korea
Hyundai Motor India Targets 7–8% Growth in Exports for FY 2025-26, Eyes Role as Brand's Largest Export Hub Outside Korea

India.com

time4 days ago

  • Automotive
  • India.com

Hyundai Motor India Targets 7–8% Growth in Exports for FY 2025-26, Eyes Role as Brand's Largest Export Hub Outside Korea

New Delhi: Hyundai Motor India Limited (HMIL) is eyeing a 7–8% growth in export volumes for the financial year 2025–26, as it marks 25 years of vehicle exports from India. The company has set its sights on becoming Hyundai's largest export hub outside of South Korea. Having begun its export operations in 1999 from Chennai Port, HMIL has shipped more than 3.7 million India-made vehicles globally, maintaining its position as the country's largest cumulative exporter of passenger vehicles. In FY 2024–25 alone, Hyundai exported 1,63,386 units, with Saudi Arabia, South Africa, Mexico, Chile, and Peru ranking among its top international markets. The automaker currently exports to over 60 countries and has a lineup of nine tailor-made products for overseas markets, including models like the Hyundai CRETA, CRETA Electric, ALCAZAR, EXTER, VENUE, AURA, VERNA, Grand i10 NIOS, and i20. HMIL recently commenced exports of the CRETA Electric to select neighbouring countries. 'In 2024-25, HMIL reached a significant milestone by completing 25 years of exports from India,' said Unsoo Kim, Managing Director, Hyundai Motor India Limited. 'As we aim to become Hyundai's largest export hub outside South Korea, we expect strong momentum to continue, with export volumes projected to grow by 7–8% in FY26.' Chennai Port has played a critical role in HMIL's export success. Shri S. Kirupanandasamy, Traffic Manager at Chennai Port Authority, noted the port's long-standing partnership with Hyundai. 'As the largest automobile export port in the Bay of Bengal, Chennai Port has served as a vital gateway for Hyundai's global shipments since 1999. Our dedicated facilities, including a holding yard for over 4,000 vehicles, support seamless export operations.' The company has achieved several export milestones faster than any other OEM in India – reaching 1 million units by 2010, 2 million by 2014, and 3 million by 2020. With a global strategy aligned to its 'Progress for Humanity' vision, Hyundai Motor India remains committed to expanding its footprint in emerging markets and reinforcing India's role as a major global automotive manufacturing base.

Hyundai Expands EXTER SUV Lineup with Two New Feature-Packed Variants
Hyundai Expands EXTER SUV Lineup with Two New Feature-Packed Variants

India.com

time06-05-2025

  • Automotive
  • India.com

Hyundai Expands EXTER SUV Lineup with Two New Feature-Packed Variants

New Delhi — Hyundai Motor India Ltd (HMIL) has expanded its EXTER compact SUV range with the launch of two new variants — S Smart and SX Smart — aimed at offering a richer feature set and enhanced value for tech-savvy and safety-conscious buyers. The new variants, available in both petrol and Hy-CNG powertrains with manual and AMT transmission options, are designed to meet the evolving preferences of young Indian consumers. Hyundai has also standardized the ISOFIX child seat anchor across the EXTER lineup, reinforcing its focus on family safety. Speaking about the launch, Tarun Garg, Whole-Time Director and COO, Hyundai Motor India, said, 'The introduction of S Smart and SX Smart variants reflects our commitment to democratizing advanced technologies. With enhanced features at competitive pricing, we are confident that EXTER will continue to resonate with India's young and aspirational car buyers.' Feature Highlights The EXTER S Smart variant gets: Smart electric sunroof LED taillamps Tyre pressure monitoring system (Highline) Styled 15-inch steel wheels Rear AC vents Projector headlamps The EXTER SX Smart variant adds: Smart key with push-button start Shark-fin antenna LED daytime running lamps (DRLs) Both models also offer an optional upgrade to a 22.96 cm infotainment system with wireless Android Auto and Apple CarPlay, along with a rear camera, available as genuine accessories at an MSRP of Rs 14,999, backed by a 3-year warranty. Pricing (Ex-Showroom, INR) EXTER S Smart MT: Rs 7,68,490 EXTER SX Smart MT: Rs 8,16,290 EXTER S Smart AMT: Rs 8,39,090 EXTER SX Smart AMT: Rs 8,83,290 EXTER S Smart Hy-CNG Duo: Rs 8,62,890 EXTER SX Smart Hy-CNG Duo: Rs 9,18,490 Launched to strong acclaim, the Hyundai EXTER has carved a niche in the entry SUV segment with features like six airbags as standard and a range of connected car technologies. The addition of these new variants is expected to further strengthen EXTER's market appeal.

Hyundai Reports 68.5% SUV Share in FY 2024-25 Sales
Hyundai Reports 68.5% SUV Share in FY 2024-25 Sales

India.com

time21-04-2025

  • Automotive
  • India.com

Hyundai Reports 68.5% SUV Share in FY 2024-25 Sales

Hyundai Motor India Ltd. (HMIL) has reported changes in consumer preferences for FY2024-25, with sunroof-equipped vehicles accounting for 53.2% of its total sales. This indicates increased demand for additional features in the Indian market. The company's SUV segment also saw a rise, contributing 68.5% to total domestic sales, compared to 63.2% in the previous fiscal year. Models in this category include the EXTER, VENUE, CRETA, ALCAZAR, TUCSON, and IONIQ 5. According to Mr. Tarun Garg, Whole-Time Director and COO at HMIL, two out of every three Hyundai vehicles sold in India during the financial year were SUVs. He noted an increase in the adoption of models with Advanced Driver Assistance Systems (ADAS) and sunroofs, suggesting that more buyers are opting for vehicles with additional technology features. The share of ADAS-equipped variants increased from 6.7% in FY2023-24 to 14.3% in FY2024-25. Currently, 9 Hyundai models offer ADAS, and sunroof options are available in 12 out of 14 models. HMIL also provides a range of fuel and transmission options, including Petrol, Diesel, Turbo Petrol, CNG, and Electric powertrains. Transmission choices include manual, iVT, AMT, AT, and DCT, offering flexibility across its lineup. The data highlights a broader trend among Indian car buyers showing interest in added features, multiple drivetrain options, and larger body styles like SUVs.

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