Hyundai Exports Over 3.7 Million Vehicles from India, Expands Presence

18 Feb 2025 CW Team

Hyundai Motor India Limited (HMIL), a major player in India’s automobile sector, has reached a milestone of over 3.7 million vehicle exports, celebrating 25 years of global shipments. Since launching its export operations in 1999, Hyundai has become the largest exporter of passenger vehicles from India.

The company's continued success reflects India's growing self-reliance in automobile production and its increasing competitiveness in global markets. Hyundai has expanded its export footprint to over 150 countries, with its cars being shipped to more than 60 nations. In 2024, the top markets included Saudi Arabia, South Africa, Mexico, Chile, and Peru.

Hyundai exported 1,58,686 vehicles in 2024 alone. Among its best-selling export models, the i10 family has surpassed 1.5 million units, while the VERNA series has exceeded 500,000 units in global sales. Additionally, Hyundai has achieved a significant milestone by exporting over 1 million vehicles to Africa.

Government policies, including the Production-Linked Incentive (PLI) scheme and the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, have further encouraged investments in vehicle production and exports.

(ZeeBiz)

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..