HYUNDAI MOTORS INDIA LIMITED

COMPANY PROFILE
‡Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC), South Korea . ‡It is the largest passenger car exporter and the second largest car manufacturer in India. ‡HMIL currently exports cars to more than 110 countries across EU, Africa, Middle East, Latin America, Asia and Australia. ‡HMIL currently has a 295 strong dealer network and 591 strong service points across India, which will see further expansion in 2010. ‡HMIL presently markets 6 models of passenger cars across segments. The A2 segment includes the Santro, i10 and the i20, the A3 segment includes the Accent and the Verna, the A5 segment includes the Sonata Transform.

PLANT PROFILE
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Incorporated in May 1996.

‡ The Hyundai India plant located in Irungattukottai, 30 kilometers from Chennai. ‡ The plant stands on a 500+acre plot has been built with an initial investment of more than Rs. 2500 crores. It has a capacity to make 120,000 cars and 130,000 engine transmission units per annum. ‡ HMIL commenced operations with 70%-localized content, which is one of the highest amongst all car manufacturers. ‡ Hyundai has brought in 14 Korean companies and helped them setup base in India for sourcing components. The total vendor base consists of 60 companies located at the plant site itself.

HYUNDAI MOTOR INDIA LTD COMMISSIONED OPERATIONS AT ITS SECOND MANUFACTURING PLANT AT SRIPERUMBUDUR.

‡ Total investment of USD 1 billion ‡ New plant capacity of 3 lakh units per annum - Doubles overall capacity to 6 lakh units per annum ‡ The new plant is located within the same 525 acre plot in Sriperumbudur adjacent to the first plant. ‡ New plant to strengthen India as Hyundai`s global manufacturing hub for small cars. ‡ Dealer network to be strengthened

PLANT LAYOUT
T.Axle Engine

Offices

Materials

Press

Body Shop

Paint Shop

Assembly Shop

CHENNAI AS AN INVESTMENT DESTINATION
‡Stable Political climate and Investor-Friendly government. ‡Highest value addition in industries. ‡Skilled manpower availability in India. ‡The lowest Manpower costs in Tamil Nadu and cost of Living lower in Chennai than other competing locations. ‡Infrastructure development of Chennai rated better than other states/cities. ‡Largest capacity for engineering and polytechnic education. ‡Single window policy for all approvals.

AUTO POLICY OF THE GOVERNMENT OF TAMILNADU
‡ The Auto Policy allows automatic approval for foreign equity investment upto 100% in the automotive sector and does not lay down any minimum investment criteria . ‡ Passenger cars of length upto 3.8 meters are also promoted through excise benefits . ‡ Manufacturing & Imports free from Licensing & Approvals . ‡ 100% Foreign Direct Investment allowed in Auto Sector . ‡ Establish an international hub for manufacturing small, affordable passenger cars and a key center for manufacturing Tractors and Two-wheelers in the world .

6 SEZS ARE ALREADY BEING SET-UP BY TIDCO
The proposed special economic zones and manufacturing townships are largely aimed at removing all forms of bottlenecks. ‡ ‡ ‡ ‡ ‡ ‡ Ennore SEZ, near Chennai . Nanguneri SEZ in Tirunelveli Dist. Hosur SEZ in Krishnagiri Dist. Perambalur SEZ (located along National Highway 45 ) Rubber Industries SEZ in Kanyakumari Dist. Biopure SEZ in Krishnagiri District

INFRASTRUCTURE
Social infrastructure
‡ The state has successfully straddled investment in primary and higher education ‡ 99 per cent of the state population has access to primary education. ‡ All workers have atleast 10 years of formal education.

Access infrastructure
‡ Tamil Nadu has a long coastline with a number of ports and is well connected to major trade centres ‡ Road and rail transport are the principal modes of transportation in the state.

Communications infrastructure
‡ The state offers state-of-the-art telecommunications infrastructure for highspeed large volume data transfer, video conferencing etc. ‡ The infrastructure includes 2,138 telephone exchanges with an installed capacity of 4.6 million lines.

Financial infrastructure
‡ Chennai is the financial capital of south India ‡ The financial services sector offers tremendous opportunities ‡ All national and international banks have offices in the state and are geared up to boost industrial investment

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