Chennai: Korean auto major Hyundai Motor on Wednesday rolled out its 10 millionth car from its manufacturing facility at Sriperumbudur near here marking its 25 years of service in India.
The company’s premium sports utility vehicle ALCAZAR formally rolled out of the assemblyline making it the 10 millionth car from the manufacturing unit. Tamil Nadu Chief Minister M K Stalin, who was present at the factory, signed on the bonnet of the car to mark the occasion.
”The historic milestone of the 10 millionth car roll- out is a testimony to Hyundai’s commitment to the ‘Make in India’ initiative. Furthermore, it showcases our vision of boosting the socio-economic development of Tamil Nadu and making the country more self-reliant,” Hyundai Motor India MD S S Kim said.
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.
Hyundai began operations in Sriperumbudur in 1998 with the commissioning of the first integrated car manufacturing plant outside Korea.
