### **Overview** Hyundai Motor India Limited (HMIL) continues to solidify its position as India’s leading automotive manufacturer and the largest cumulative exporter of passenger vehicles. As of November 2025, HMIL is undergoing a transformative phase marked by record financial performance, strategic expansion, digital innovation, and leadership in electric mobility. Backed by over 25 years of operations in India, HMIL is on a path to become Hyundai Motor Company’s largest overseas production and export hub. --- ### **Leadership & Financial Milestones** - **Mr. Tarun Garg**, with over 32 years of automotive industry experience, led HMIL to its strongest financial performance in FY24, achieving: - Record sales and profits. - Highest EBITDA margin in company history. - Successful execution of India’s **largest IPO** in equity market history—HMIL’s public listing in 2024. - Following listing, HMIL was inducted into the **MSCI Global Index**, **NIFTY Next 50**, and **BSE 500**, highlighting strong market confidence. - **Mr. C.S. Gopalakrishnan**, Chief Manufacturing Officer and founding leader, has been instrumental in building HMIL’s advanced manufacturing capabilities and integrating ICE and EV production on shared platforms. --- ### **Manufacturing & Capacity Expansion** - **Chennai Plant**: Core manufacturing hub with an **annual capacity of 824,000 units**, producing 14 models and over 450 variants. - **Talegaon (Pune) Plant**: Acquired and being reactivated; partial commercial operations to begin in **Q3 FY2025-26**. - Initial capacity: **170,000 units/year**, scaling to **250,000 units by 2028**. - Combined capacity across Chennai and Pune will exceed **1 million units annually**, reinforcing HMIL’s “Make in India” commitment. - **Flexible Manufacturing System**: - Common platform architecture supports production of both internal combustion engine (ICE) and electric vehicles (EVs) on the same line. - Enables dynamic shifts based on market demand, improving utilization and reducing time-to-market. --- ### **Product Portfolio & Market Position** - **Diverse Offerings**: 14 passenger vehicle models across segments with powertrains including petrol, diesel, CNG, and EV. Transmission options: MT, AMT, AT, DCT, and iVT. - **SUV Dominance**: - SUVs accounted for **69% of domestic sales in FY2024-25**, the highest ever for HMIL. - **Creta** led the mid-size SUV segment with over **32% market share** and surpassed **1.1 million cumulative sales**. - **CNG Innovation**: Dual-cylinder CNG technology launched in **Grand i10 Nios** and **Exter**, improving efficiency and boot space. CNG penetration reached **13%** of total sales in Q2 FY25. - **Premiumization Strategy**: Targeting aspirational, young consumers with enhanced design, safety (e.g., Level 2 ADAS), and tech-enabled experiences across models like **Alcazar Facelift** and **Creta EV**. --- ### **Electric Vehicle (EV) Strategy** - **Phased Mass-Market Transition**: Starting with premium offerings and moving toward affordable EVs aligned with ecosystem development. - **Creta Electric**: - Offers **42kWh** and **51.4kWh** battery options. - Range up to **473 km**; 10–80% DC fast charge in **58 minutes**. - Features **V2L (Vehicle-to-Load)**, India’s first **in-car payment system** for charging, and **Hyundai Bluelink** with 70+ connected features. - **IONIQ 9 Launch**: - Flagship three-row luxury EV SUV unveiled in Nov 2024. - Equipped with **110.3 kWh battery**, **620 km WLTP range**, and **24-minute 10–80% ultra-fast charging** (350kW). - Launch scheduled in Korea and the U.S. in H1 2025, with global rollout to follow. - **EV Roadmap**: - **6 new EVs planned by FY29-30**, including mass-market models. - Localization of battery packs, power electronics, and drivetrains underway to improve cost competitiveness. - Exploring **hydrogen vehicles** and other alternative fuels. --- ### **Digital Transformation & Customer Experience** - **MyHyundai App**: - 2.6 million users, 0.34 million monthly active users. - 23 million monthly interactions supporting digital car purchases, after-sales, and EV charging. - **Direct-to-Consumer EV Sales Channel**: Enhancing customer control and transparency. - **Revamped 'Click to Buy' Platform**: Includes voice-command search, loan eligibility checks, personalized recommendations, and referrals. - **Net Promoter Score (NPS)**: - **98.8% for new vehicle sales**. - **91.9% for after-sales service** (FY2024-25). - **Hyundai India Insurance Broking (HIIB)**: - Issued over **4.5 million insurance policies**. - Sold over **1,300 vehicles** with return-to-invoice insurance benefits. --- ### **Exports & Global Reach** - **India’s Largest Exporter**: Over **3.7 million vehicles exported** since 1999. - **Export Volume**: **163,386 units in FY2024-25**; targeting **7–8% growth in FY2025-26**. - **Key Markets**: South Asia, Africa, Latin America, Middle East, with recent entry into **Bhutan** after import ban lifted. - **Recent Launches Abroad**: - **Exter in South Africa**. - **Creta Electric in Nepal**. - **Alcazar Facelift across multiple international markets**. - **Global Distribution**: Vehicles exported to over **150 countries** via Hyundai Motor Group’s export ecosystem. --- ### **Technology & Innovation** - **Software-Defined Factory Initiative**: - Integration of **AI, digital twins, AR/VR, autonomous mobile robots**, and **IIoT**. - Over **2,000 connected machines** and **86% IIoT coverage** in Chennai plant. - Generates over **20 billion data points annually**, analyzed via 200+ smart dashboards. - **Quality & Precision**: - AI-powered vision systems for real-time defect detection. - Deep learning used in exterior and lamp inspection. - Virtual simulations and VR training in paint and assembly shops. - **R&D Focus**: - Advancing battery performance, failsafe testing, regional voice recognition (Hindi), in-car payments. - Headlamp visibility improved by **33–88%** across Creta EV and Alcazar. --- ### **Dealer & Service Network** - **Sales Network**: 1,419 outlets across 1,056 cities and towns; 4.1% YoY expansion (avg. 4 new outlets/month). - **Rural Penetration**: 20.9% rural sales; over **47% of dealers located in rural areas**. - **Service Infrastructure**: 1,606 service centers supported by **43,000+ trained professionals**. - Training through **8 Regional Learning Centers**, **14 Technical Academies**, and **5 Body Shop Academies**. - Partnerships with **83 educational institutions** for skill development and employment. --- ### **Sustainability & Localization** - **Supply Chain Localization**: **81.7%** of components sourced locally, enhancing cost efficiency and supply chain resilience. - **Indigenization Strategy**: - Localizing engine, battery, and AGM battery production (e.g., 50Ah AGM battery for Alcazar). - Building local supplier ecosystem around Talegaon. - **Green Initiatives**: - Investments in **EV ecosystem**, **charging infrastructure** (100 dealerships with 60kW DC fast chargers). - Exploring **micro-mobility** collaborations (e.g., with **TVS Motor**) for three- and four-wheelers. - Launch of **Electric Three-Wheeler Concept** for urban logistics.