Hyundai rolls out 5 millionth car in India
India's second largest car maker and largest car exporter Hyundai Motor India Ltd (HMIL) Thursday rolled out its five millionth car from its plant near here, the company said.
"The 5 millionth car roll-out is an important milestone and a symbol of Hyundai's long-term commitment to the Indian market.
"As we reach this significant landmark, I would thank our valuable customers, founding partners, employees, dealers and suppliers for their support and commitment," managing director and CEO B.S.Seo was quoted as saying in a statement.
"We will continue to focus our efforts in the Indian automobile industry through investments and world-class products," he added.
Over the past 15 years since HMIL started production in India in 1998, a sum of USD 2.7 billion has been invested in its operations.
According to HMIL, 62 percent of its total production for the past 15 years were for the domestic market and the balance for exports.
The company also said its association with actor Shahrukh Khan is one of the longest brand ambassador associations in India.
(Posted on 17-10-2013)