- Hyundai Motor India Limited (HMIL) through a dedicated indigenization roadmap has achieved up to 92% localization in manufacturing
- HMIL’s dedicated Localization Team currently engages 194+ vendors for sourcing over 1,238 parts
- HMIL’s localisation efforts have led to forex savings of US $672 Million+ (INR 5,678 Crore+) since 2019
- Locally assembled battery-packs are being sourced from state-of-the-art battery assembly plant in Chennai, Tamil Nadu
- The battery-pack assembly plant has an annual capacity of 75,000 battery packs in phase 1
- HMIL’s localization efforts have led to direct employment opportunities for over 1,400 people