Hyundai Motor India Limited (HMIL) is the second largest car manufacturer in India and the largest passenger car exporter. Its core business involves manufacturing and selling a range of passenger vehicles including sedans, hatchbacks, SUVs, and EVs.

HMIL has an impressive vehicle export strategy, capturing strong demand in key global markets such as the Middle East and Mexico, and exhibits substantial growth in export volumes year-over-year by 22%.

Recent GST reforms in India have positively influenced consumer sentiment, with Hyundai recording a notable increase in sales and SUV penetration reaching 71% in the domestic market—showcasing robust domestic performance supported by its SUV models.

HMIL's strategic moves include expanding its manufacturing capacity, evidenced by the Pune Plant's new vehicle production, underscoring its commitment to meet escalating demand both domestically and internationally and leverage India's strategic role in Hyundais' global operations.

The upcoming launch of the all-new Hyundai VENUE and continuous product interventions align with HMIL's strategy to maintain competitiveness and capitalize on market trends, especially in the burgeoning SUV segment.