Hyundai President & CEO José Muñoz holds Town Hall; Reaffirms commitment to India


Hyundai Motor India, through its IPO, is set to redefine the Indian market with ongoing investments in electric vehicles, advanced technology, and a customer-first approach.

05/03/2025

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GURUGRAM
Hyundai Motor India Limited (HMIL) hosted a town hall at its Gurugram headquarters, featuring José Muñoz, President & CEO of Hyundai Motor Company (HMC). The event provided HMIL employees a direct platform to engage with Muñoz, who shared Hyundai’s global vision and growth strategy for India.Muñoz highlighted HMC’s commitment to HMIL, emphasizing collaboration, innovation, and excellence. He underscored Hyundai’s customer-centric approach and the importance of maintaining high standards of quality and service in a rapidly changing business environment. Muñoz reaffirmed HMC’s continued support for HMIL’s efforts to contribute to India’s vision of a ‘Viksit Bharat.’In his address, Muñoz praised HMIL for its record performance, noting that it is India’s second-largest passenger vehicle maker and the third-largest market in Hyundai’s global operations. He also emphasized the company’s plans to expand its electric vehicle (EV) offerings in India, aligning with HMC’s global target of selling 2 million EVs by 2030.HMIL’s new manufacturing facility in Talegaon, Maharashtra, was highlighted as key to enhancing production capacity to meet rising domestic demand and cement India’s role as a global manufacturing hub.Muñoz concluded by commending HMIL’s focus on innovation, localization, and sustainable growth, affirming Hyundai’s commitment to setting new benchmarks in the Indian auto industry.

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