Banner
Together with India
Towards new horizons

29th Annual Report 2024-25

For nearly three decades, Hyundai Motor India Limited (HMIL) has journeyed alongside the nation — not just as one of its most loved automotive brands, but as India’s true partner in progress. From being among the first global carmakers to believe in India and invest in its potential, our story is built on lasting trust, shared aspirations and meaningful growth.

A Hyundai for every Indian

Moving forward
together with India

Hyundai Motor India Limited (HMIL), now in its 30th year, stands as one of India’s foremost premium and smart mobility solutions providers. With a diverse portfolio of 14 models and a strong commitment to innovation and cutting-edge technology, HMIL has established a robust presence across the nation, seamlessly connecting India with Bharat.

Hyundai Motor India Ltd. at a glance

0 Units

Manufacturing
capacity

0

Sales
outlet

0+

Service
touchpoints

0+

Countries export
presence

Together, we
drive change.
Together, we
inspire Progress
– Progress for
Humanity.

Performance highlights,
FY 2024-25


0  Mn

Revenue from operations

0  Mn

EBITDA

0  Mn

Profit after tax

0

Earning per share

0

Dividend per share

Note: Above are consolidated numbers except for dividend


Revenue split (%)

Domestisc Exports
0%

0%
0%

0%

Total production (Units)

0
599,330

Domestic Cars

163,570

Export Cars

Total sales (Units)

0
598,666

Domestic Sales

163,386

Export Sales

0%

Share of Renewable Energy (RE) in total electricity consumption (excluding carbon co-gen)

0

Average training man-day/employee

0 Mn

Corporate Social Responsibility (CSR) spend*

0

New hires during the year

0  Mn

People impacted through CSR

0%

Board gender diversity

*Includes unspent CSR amount of previous years, spent in FY 2024-25.

Performance highlights,
FY 2024-25

0   Mn

Revenue from operations

0   Mn

EBITDA

0   Mn

Profit after tax

0

Earning per share

0

Dividend per share

Note: Above are consolidated numbers except for dividend


Revenue split (%)

Domestisc Exports
0%

0%
0%

0%

Total production (Units)

0
599,330

Domestic Cars

163,570

Export Cars

Total sales (Units)

0
598,666

Domestic Sales

163,386

Export Sales

0%

Share of Renewable Energy (RE) in total electricity consumption (excluding carbon co-gen)

0

Average training man-day/employee

0  Mn

Corporate Social Responsibility (CSR) spend*

0

New hires during the year

0  Mn

People impacted through CSR

0%

Board gender diversity

*Includes unspent CSR amount of previous years, spent in FY 2024-25.

New launches
in FY 2024-25

Hyundai CRETA Electric.

Undisputed. Ultimate. Now electric.

We unveiled the all-new Hyundai CRETA Electric at the Bharat Mobility Global Expo 2025. As our first indigenously developed EV SUV, the CRETA Electric combines bold, pixel-inspired design with advanced technology and superior range, up to 473 km. With more than 75 safety features, 2 battery pack options, ADAS-linked regenerative braking, and V2L capability, it redefines EV mobility in India.

The bold new Hyundai ALCAZAR.

Intelligent. Versatile. Intense.

Hyundai Motor India Limited launched the bold new Hyundai ALCAZAR—an intelligent, versatile, and intense 6- and 7-seater premium SUV.

EXTER Hy-CNG duo and
Grand i10 NIOS Hy-CNG duo

A Smart, Sustainable Mobility Solution

Hyundai Motor India Limited launched the EXTER Hy-CNG Duo, a sporty entry SUV and the Grand i10 NIOS Hy-CNG Duo, a popular hatchback, both featuring a 1.2L Bi-Fuel engine (Petrol + CNG) with a 5-speed manual transmission.

Pan-India Presence

1Subsidiaries of HMIL
Notes:
As on March 31, 2025
# Plant 3-Expected to be operational in FY 2025-26
Map not to scale and for representation purpose only
0

Plants*

0

HQ
(Corporate Office)

0

Regional and
Zonal offices

0

Area offices

0

India Quality Center


Plant and Office Locations

  1. Ahmedabad
  2. Bengaluru
  3. Bhopal
  4. Chennai RO and 2 Plants
  5. Cochin
  6. Chandigarh
  7. Delhi
  8. Dehradun
  9. Gurugram
  10. Faridabad
    (India quality center)
  11. Guwahati
  12. Hyderabad
  13. Jaipur
  14. Kolkata
  15. Lucknow
  16. Mumbai
  17. Nagpur
  18. Pune RO and factory
  19. Ranchi
  20. Jammu
  1. Ahmedabad
  2. Bengaluru
  3. Bhopal
  4. Chennai RO and 2 Plants
  5. Cochin
  6. Chandigarh
  7. Delhi
  8. Dehradun
  9. Gurugram
  10. Faridabad (India quality center)
  1. Guwahati
  2. Hyderabad
  3. Jaipur
  4. Kolkata
  5. Lucknow
  6. Mumbai
  7. Nagpur
  8. Pune RO and factory
  9. Ranchi
  10. Jammu

Distribution Network

0

Sales outlets

0

Service outlets

Portfolio of diverse powertrains

Our offerings encompass a comprehensive range of powertrains, including Petrol & Turbo, Diesel, CNG and EVs. Complimenting this, we provide multiple transmission options, ensuring our products align with evolving consumer preferences

%

Share of SUV in domestic market in FY 2024-25

COMPACT

GRAND i10 NIOS

Hatchback

  • Petrol
  • CNG

i20

Hatchback

  • Petrol

i20 N Line

Hatchback

  • Petrol
MID

AURA

Sedan

  • Petrol
  • CNG

VERNA

Sedan

  • Petrol
SUV

EXTER

SUV

  • Petrol
  • CNG

VENUE

SUV

  • Petrol
  • Diesel

VENUE N Line

SUV

  • Petrol

CRETA

SUV

  • Petrol
  • Diesel

CRETA N Line

SUV

  • Petrol

ALCAZAR

SUV

  • Petrol
  • Diesel

TUCSON

SUV

  • Petrol
  • Diesel

CRETA Electric

Electric

  • Electric

IONIQ 5

SUV

  • Electric

Message from the Managing Director

Together with India
Towards new horizons

Message from the Managing Director

Together with India
Towards new horizons

Dear Shareholders,
As a long-standing partner in India’s progress, Hyundai Motor India Limited (HMIL) has remained steadfast in its dedication to this great nation. Over the past 29 years, we have not only built a strong legacy, but also fostered deep connections with our customers, stakeholders, and communities, making Hyundai a household name in India.

Unsoo Kim

Managing Director Hyundai Motor India Limited

Message from the Chief Financial Officer

Message from the Chief Financial Officer

Dear Shareholders,
As we reflect on the year gone by, we are proud to have achieved a landmark moment with our successful listing, a pivotal step in our growth journey. The IPO being India’s largest ever IPO in the Indian Capital markets, which received an overwhelming response from marquee investors, underscores their confidence in the Company’s long term growth prospects.

Wangdo Hur

Whole-time Director & Chief Financial Officer Hyundai Motor India Limited

Message from the Chief Operating Officer

Message from the Chief Operating Officer

Dear Shareholders,
FY 2024-25 marked a historic milestone for HMIL as we entered the second phase of our illustrious journey in India with the launch of largest IPO in the history of Indian Stock Market. This momentous step reflects the unwavering trust of our customers, partners and stakeholders in brand Hyundai and reaffirms our commitment to India’s mobility future.

Tarun Garg

Whole-time Director & Chief Operating Officer Hyundai Motor India Limited

Message from the Chief Manufacturing Officer

Message from the Chief Manufacturing Officer

Dear Shareholders,
FY 2024-25 has been a year of focused execution, bold transformation, and forward-looking growth for Hyundai Motor India. Our commitment to strengthening our position within the world’s most dynamic automotive market propelled manufacturing strategy central to our long-term vision: to lead with future-ready capabilities, global competitiveness, and a deep alignment with India’s aspirations.

Gopalakrishnan CS

Whole-time Director & Chief Manufacturing Officer Hyundai Motor India Limited

Message from the Chief Legal Officer

Message from the Chief Legal Officer

Dear Stakeholders,
In our journey with India towards new horizons, as a newly listed company, we rely on our Group’s DNA of strong, world class corporate governance with the conviction that it is going to make the vicissitudinous travel smoother and will give to our stakeholders – employees, Board members, shareholders, suppliers, vendors, partners, the regulators and the government(s)- the basis for belief and confidence in our enterprise for it to achieve outstanding growth, with sustainability as its leitmotif, and in that process register progress for humanity.

Amitabh Lal Das

Chief Legal Officer Hyundai Motor India Limited

Strategic Priorities

Roadmap to resilience
and growth

Calibrated capacity expansion

With steady demand growth across both domestic and international markets, we are strategically positioned to align our capacity expansion with evolving market requirements through prudent capital deployment. Our vision is to develop the Chennai manufacturing facility into a central hub for EV and SUV production.

Expand portfolio

We are focused on strengthening our market leadership through sustained investments in R&D and new passenger vehicle launches across the affordability-to-premium spectrum. By anticipating emerging global trends, we aim to deliver advanced technology, contemporary design, and superior quality tailored to evolving customer expectations in both value and price.

Premiumization

As a younger, more aspirational customer base emerges, buying decisions are increasingly driven by factors beyond price, such as sophisticated design, enhanced driving experience, advanced safety features, and smart technologies. This shift is fueling both inter-segment movement toward SUVs and intra-segment upgrades to mid-and top-end variants.

Increase EV market share

Our phased transition strategy began with the launch of premium electric vehicles and will progressively move toward the mass market as the broader EV ecosystem matures in India. We are strategically aligning our EV roadmap with the evolving dynamics of the Indian market, planning product introductions that are well-timed and suited to each price segment.

Strengthen export hub positioning

We are harnessing our strong manufacturing capabilities and a well-renowned global brand to establish ourselves as Hyundai Motor Company’s largest overseas production. We are strategically aligning our EV roadmap with the . With the strategic vision to become a global manufacturing and export hub, we aim to supply feature-rich and futuristic passenger vehicles to key emerging markets such as South Asia, Africa, Latin America, and the Middle East, while also unlocking opportunities to serve other international markets across Hyundai’s global footprint.

Enhance brand salience

Hyundai is not just a name; it is a promise and our global vision of 'Progress for Humanity' makes us more than just a manufacturer of innovative, intelligent and robust automobiles.

Strengthen digital and physical network

In alignment with our long-term growth strategy, we continued to strengthen and scale our dealer network across India.

Customer focus

Redefining customer
centricity

Service

Serving India with
trust and scale

Manufacturing Prowess

Driving the future

Quality

Driven by
industry-leading standards

Responsible

Environment. Social.
Governance

Environment

Committed to a greener
tomorrow

Social - People

Engaging with care
and responsibility

Social - Community

Creating shared impact
across India

Corporate Governance

Steering with
integrity

Awards and accolades

Recognized across
platforms

Hyundai

CRETA
  • Autocar India Awards 4 Wheeler Update of the Year
  • TopGear Awards & Zee Awards Facelift of the Year
  • Times Drive Auto Summit and Awards Update of the Year

Hyundai

ALCAZAR
  • Jagran Hi Tech Awards Update of the Year
  • Car&Bike Awards Upgrade of the Year

Hyundai

CRETA N Line
  • Zee Awards Performance of the Year