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    Home»Featured»Hyundai crosses 10 lakh sales mark for SUVs in India
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    Hyundai crosses 10 lakh sales mark for SUVs in India

    Finance KhabarBy Finance KhabarApril 5, 2021No Comments1 Min Read
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    According to the company, the car major invested over USD 4 billion besides generating 2.50 lakh jobs since setting up the unit in 1998.
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    New Delhi: South Korean auto major Hyundai on Monday said it has crossed 10 lakh cumulative sales milestone of SUVs made in India.

    These SUVs have been sold both in India and export markets, Hyundai Motor India Ltd (HMIL) said in a statement. The launch of mid-sized SUV Creta in 2015 accelerated Hyundai Motor India’s growth in the segment with cumulative sales of over 5.9 lakh units in the domestic market and over 2.2 lakh units in the export market, it added.

    Similarly, the company had introduced compact SUV Venue in 2019 and has already sold over 1.8 lakh units in the domestic market, it added. Commenting on the feat, HMIL Director (Sales, Marketing & Service) Tarun Garg said, “As frontrunners in the introduction of revolutionary technologies, we continue to establish new milestones and redefine benchmarks across segments.”

    With over 10 lakh cumulative SUV sales in domestic and export markets, he added, “We have reiterated the promise of Make-in-India over nearly two and a half decades of our presence in India. This achievement also epitomises our manufacturing excellence and the unconditional admiration for Hyundai brand in India.”

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