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 Urban

06 Nov 2025

Maiden Forgings Becomes Approved Supplier to OFB Murad Nagar

Maiden Forgings Limited (MFL), one of India’s leading producers of bright steel bars and wires, has been officially registered as an approved supplier with the Ordnance Factory Board (OFB), Murad Nagar, under the Centralised Vendor Registration process.This recognition adds to MFL’s existing registration with OFB Kolkata, marking another strategic step in its deepening engagement with India’s defence manufacturing ecosystem. With this new approval, the company strengthens its foothold in the Business-to-Government (B2G) segment and expands its participation in the nation’s defence prod..

DCIL Signs MoUs Worth Rs 176.45 Billion to Boost Maritime Modernisation

The Dredging Corporation of India Limited (DCIL) has signed 22 Memorandums of Understanding (MoUs) with 16 organisations, collectively worth Rs 176.45 billion, during the India Maritime Week 2025 held at the Bombay Exhibition Centre, Mumbai, from 27–31 October.DCIL operates under a consortium of four major ports — Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) — under the aegis of the Ministry of Ports, Shipping & Waterways (MoPSW).The MoUs include collaborations with leading ports such ..

Goa Advances Sustainable Future with Scientific Waste Management

Chief Minister Pramod Sawant reaffirmed Goa’s commitment to strengthening environmental sustainability through scientific and responsible waste management practices. He highlighted that the Common Hazardous Treatment and Storage Facility has become a key element in ensuring the safe, efficient, and sustainable management of hazardous waste across the State. Sawant said the state-of-the-art facility not only addresses critical environmental challenges but also supports local employment, with nearly 80 per cent of its workforce comprising Goan youth. He added that the State’s environmenta..