Hyundai Motor India Limited commits to ‘Atmanirbhar Bharat’ by localizing over 1,200 key components and EV battery-packs
Formfees
21/01/2025
- 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
New Delhi : Hyundai Motor India Limited (HMIL) underscored its commitment to ‘Make-in-India’ by showcasing its indigenization efforts through a dedicated Localization Zone at the Bharat Mobility Global Expo 2025. HMIL, through a strategic indigenization roadmap, has achieved up to 92% localization in manufacturing. Additionally, HMIL and Mobis India Limited have also commenced local assembly of battery-packs at a newly commissioned state-of-the-art facility within HMIL’s Chennai manufacturing facility. The Hyundai CRETA Electric becomes the first model to come equipped with locally assembled battery-packs from the plant.
HMIL’s localisation efforts have led to forex savings of US $672 Million (INR 5,678 Crore+) since 2019, and have fostered direct employment opportunities for over 1,400 people.
Commenting on HMIL’s commitment towards localization, Mr. Gopalakrishnan Chathapuram Sivaramakrishnan, Whole-time Director and Chief Manufacturing Officer – HMIL said, “HMIL’s indigenization efforts are deeply in sync with Government of India’s ‘Atmanirbhar Bharat’ and ‘Make-in-India’ initiatives, and our localization strategy strives to constantly leverage India’s rich resources, skilled workforce and advanced engineering prowess, to develop world-class technology domestically. Commissioning of the HMIL and Mobis India Limited’s battery-pack assembly plant is a key milestone in our localization and EV roadmap. The Hyundai CRETA Electric becomes the first Hyundai EV manufactured in India to come equipped with battery-packs assembled at this very plant, making it a true game-changer.”
With its dedicated Localization Team, HMIL is constantly enhancing its localisation efforts, by working closely with 194+ vendors for over 1,238 parts at its Chennai manufacturing facility.
State-of-the-art battery-pack assembly plant at Chennai, Tamil Nadu
- HMIL and Mobis India Limited have commenced operations at its state-of-the-art battery-pack assembly plant in Chennai, Tamil Nadu, located within HMIL’s manufacturing facility.
- In phase 1, the plant has an annual assembly capacity of 75,000 battery-packs.
- The plant can assemble a diverse range of battery-packs including NMC (Lithium-Nickel-Manganese-Cobalt Oxide) and LFP (Lithium-Iron-Phosphate) batteries.
- The battery-pack assembly plant will help optimize battery costs for HMIL and streamline battery availability for Hyundai EVs produced in India.
Hyundai Motor India Limited dedicated to ‘Make-in-India’
- HMIL is committed towards building an ‘Atmanirbhar Bharat’ with a dedicated localization strategy which leverages India’s rich resources, skilled workforce, and engineering prowess.
- HMIL, through strategic partnerships with its supply chain, has achieved 100% localization for key components such as alternator, alloy wheels, disc brakes, catalytic converter, clutch assembly, shark fin antenna and Reverse Parking Assist Sensors (RPAS), to name a few.
- Essential high technology parts like Tyre Pressure Monitoring System (TPMS), panoramic sunroof, inflators, oil cooler and NOX sensors have also been successfully localized for the first time in India.
- HMIL, through a dedicated indigenization strategy, has achieved up to 92% localization in manufacturing.
Hyundai Motor India Limited also intends to deepen its localized supplier network by adopting an indigenisation strategy for its upcoming manufacturing plant in Talegaon, Maharashtra.
