Hyundai Motors India Ltd is one of the largest exporters of automobiles to around 85 countries across the globe. In CY 2021, Hyundai’s Creta tops the list of exported SUVs from India with 32,799 units.
Including the other models, HMIL has exported a total of 42,238 vehicles in CY 2021.
Mr. Un Soo Kim, MD & CEO, Hyundai Motor India Limited, said, “In line with Government’s vision of ‘Atmanirbhar Bharat’, HMIL is committed to ‘Make-In-India’, for the world and continue its legacy of having SUV leadership in the country.”
Since its launch, Creta has seen an unquestionable success in both domestic and global markets with its continuing high sales. Even with the introduction of a number of models in the SUV segment in recent times, Creta has managed to stay on top with its popularity among the masses.
|SUV Model||Number of Units Exported|
|Creta Grand||1741 units|
Kim also added, “With the CRETA being the most exported SUV from India, it makes Hyundai one of the most loved SUV brands within our overseas markets as well. The same is evident by the fact that HMIL is one of the leading SUV exporters in India with over 2.62 lakh units sent overseas with the CRETA contributing to over 93% of the total SUV exports, along with the VENUE.”
Hyundai currently has multiple models like Santro, Grand i10 Nios, i20, i20 N Line, Aura, Venue, Verna, Creta, Alcazar, Elantra, Tucson, and Kona Electric across various different segments. Some of these like the Creta, Verna, and Alcazar are available only in selected markets abroad. HMIL with its cutting edge technology in its manufacturing plant in Chennai remains a very important part of Hyundai’s global export division. HMIL also has a research and development facility situated in Hyderabad focussed on reaching excellence in its field.
The following table highlights Hyundai’s sales over the last couple of years and the significant increase in exports and domestic market demands.
|HMI Sales||CY 2020||CY 2021||% Change|
There is no doubt that the last year has been a difficult one for all OEMs across continents. With the semiconductor shortage still not resolved, even automobile manufacturing giants have experienced a slide in their sales despite their best efforts.
Considering all this, Hyundai seems to be one of the companies that have fared better in the last year with an impressive 31.8% increase in exports alone. Even the domestic sales of Hyundai vehicles have gone up by 19.2%.
With all this success, HMIL has introduced its vehicles in four new markets abroad including Dominica, Chad, Ghana, and Laos.