Hyundai Motor India Ltd. has once again cemented its position as a leading player in the Indian automobile industry by achieving the highest ever annual total sales volume (Domestic plus exports) of 7 20 565 units in FY 22-23 with a YOY growth of 18.0%. The Domestic sales volume of 5 67 546 was also the highest since inception backed by the highest ever annual numbers clocked by each of the marquee models like Creta, New Venue, Alcazar, Tucson, Aura and Grand i10 Nios.
Commenting on FY 2023 performance, Mr. Tarun Garg, Chief Operating Officer, Hyundai Motor India Limited, said, “FY 22-23 has been a phenomenal year for Hyundai Motor India, as we introduced 7 segment defining products like the all-new Hyundai TUCSON, New Venue, Venue N Line, All electric IONIQ 5, New Grand i10 NIOS, New AURA and the all-new Hyundai VERNA catering to different segments thus giving a strong push to brand Hyundai amongst New-Age Indian Customers. Despite Global Head winds, we see momentum in the Indian Auto Industry backed by strong India Growth story led by Gen MZ.”
FY Sales
HMIL Sales | FY 22-23 | FY 21-22 | Growth |
Domestic | 5 67 546 | 4 81 500 | 17.9% |
Exports | 1 53 019 | 1 29 260 | 18.4% |
Cumulative | 7 20 565 | 6 10 760 | 18.0% |
March Sales
HMIL Sales | March 23 | March 22 | Growth |
Domestic | 50 600 | 44 600 | 13.5% |
Exports | 10 900 | 10 687 | 2% |
Cumulative | 61 500 | 55 287 | 11.2% |
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