Hyundai Motor India (HMIL) has underscored its commitment to ‘Make-in-India’ by showcasing its indigenization efforts through a dedicated Localization Zone at the Bharat Mobility Global Expo 2025. HMIL, through a strategic indigenization roadmap, has achieved up to 92% localization in manufacturing.
Additionally, HMIL and Mobis India have also commenced local assembly of battery-packs at a newly commissioned state-of-the-art facility within HMIL’s Chennai manufacturing facility. The Hyundai CRETA Electric becomes the first model to come equipped with locally assembled battery-packs from the plant.
HMIL’s localization efforts have led to forex savings of $672 million (Rs 5,678 crore plus) since 2019, and have fostered direct employment opportunities for over 1,400 people. With its dedicated Localization Team, HMIL is constantly enhancing its localization efforts, by working closely with 194+ vendors for over 1,238 parts at its Chennai manufacturing facility.
Hyundai Motor India is a wholly owned subsidiary of the Hyundai Motor Company headquartered in South Korea. It is the second largest automobile manufacturer in India.
