Hyundai Motor India (HMIL), a key player in the Indian automotive sector, has achieved a significant milestone in its journey as a publicly traded company. The automaker has been included in several prominent Indian stock market indices, marking a new chapter in its corporate history.

Index Inclusions

HMIL has been added to the following major indices:

• NIFTY Next 50
• NIFTY 100
• NIFTY 500
• S&P BSE 500

This inclusion reflects the company's growing importance and recognition in the Indian capital markets since its listing on October 22, 2024.

Additional Index Memberships

According to a press release issued by HMIL on March 28, 2025, the company has also been included in several other indices:

NIFTY Indices

• NIFTY 200
• NIFTY Large Midcap 250
• NIFTY Total Market
• NIFTY EV & New Age Automotive
• NIFTY India Manufacturing
• NIFTY India New Age Consumption
• NIFTY MNC
• NIFTY Rural
• NIFTY Transportation & Logistics

Bombay Stock Exchange (BSE) Indices

• BSE All Cap
• BSE Large Cap
• BSE Large Midcap
• BSE Consumer Discretionary
• BSE Quality Index
• BSE Select IPO

Global Recognition

In a notable development, HMIL was the only large cap from India to be included in the Morgan Stanley Capital International (MSCI) Global Standard Index during the recent MSCI rejig on February 28, 2025.

Management's Perspective

Mr. Unsoo Kim, Managing Director of HMIL, expressed his enthusiasm about this achievement, stating, "As a listed entity, we are elated to cross yet another important milestone. By becoming a part of prestigious Indian capital market indices such as the NIFTY Next 50 and S&P BSE 500, we have fortified HMIL's standing in the Indian stock exchanges, reinforcing its market presence and credibility."

Strong Market Performance

HMIL's inclusion in these indices comes on the back of strong market performance. During the calendar year 2024, the company achieved its highest-ever yearly domestic sales of 605,433 vehicles, marking the third consecutive year of this accomplishment. This underscores HMIL's robust market positioning and well-perceived customer-centric approach in the Indian market.

Looking Ahead

As HMIL continues to strengthen its position in the Indian automotive sector and capital markets, Mr. Kim emphasized the company's commitment to growth and innovation. He stated, "As India grows, HMIL will continue to grow intrinsically with it, along with a constant focus on driving innovation, improving operational efficiencies, and making strategic investments that will strengthen our business outlook and contribute to the growth of the Indian economy."

The inclusion of Hyundai Motor India in these key indices not only highlights the company's financial strength and market presence but also positions it as a significant player in India's evolving automotive and electric vehicle landscape.

Hyundai Motor India Ltd (HMIL), a leading automobile manufacturer in the country, has announced a significant investment to enhance its local manufacturing capabilities. The company's board of directors has approved an investment proposal of approximately Rs. 694.00 crore for establishing and operating a new tooling centre in India.

Investment Details and Expected Benefits

The investment, approved during a board meeting on March 24, 2025, aims to strengthen Hyundai's manufacturing infrastructure in India. The new tooling centre will focus on the manufacturing of stamping tools and panel production for vehicles. This strategic move is expected to bring several benefits to the company:

• Supply Chain Stabilization: The local stamping tool manufacturing and panel supply will help Hyundai comply with project schedules more effectively.
• Manufacturing Foundation: The establishment of stamping tool infrastructure will strengthen the company's manufacturing base in India.

Operational Changes and Appointments

In addition to the investment approval, Hyundai Motor India's board meeting resulted in several key decisions:

New Appointments

• Mr. Madhan Raj T N has been appointed as the new Internal Auditor and Senior Management Personnel, effective April 1, 2025.
• M/s. BP & Associates has been appointed as the Secretarial Auditor for the Financial Year 2024-25.

Management Restructuring

As part of an internal restructuring, the following changes will take effect from the closure of business hours on March 31, 2025:

• Mr. Raja R will cease to be the Internal Auditor and Senior Management Personnel.
• Four other Senior Management Personnel will also step down from their positions:
  • Mr. Jong Tae Park
  • Mr. Amit Kumar Dhaundiyal
  • Mr. Daeick Kim
  • Mr. Puneet Anand

Industry Implications

This substantial investment by Hyundai Motor India underscores the company's commitment to the Indian market and its focus on enhancing local manufacturing capabilities. The new tooling centre is likely to improve Hyundai's production efficiency and potentially reduce costs in the long run.

The move aligns with the broader trend in the Indian automotive sector, where manufacturers are increasingly looking to localize their supply chains and production processes. This strategy not only helps in meeting the government's 'Make in India' initiative but also provides better control over quality and timely delivery of components.

As Hyundai continues to strengthen its position in the Indian market, this investment could potentially lead to increased production capacity and the introduction of new models tailored for Indian consumers.