Hyundai Motor India Extends C.S. Gopalakrishnan's Tenure as Whole-Time Director

1 min read     Updated on 25 Jul 2025, 04:03 PM
scanxBy ScanX News Team
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Overview

Hyundai Motor India Limited (HMIL) has re-appointed C.S. Gopalakrishnan as Whole-Time Director for an additional term from July 28, 2025, to August 31, 2026, subject to shareholders' approval. Gopalakrishnan, currently serving as Chief Manufacturing Officer and Business Head, brings over 39 years of experience in automotive manufacturing. His contributions include expanding SUV production, integrating ICE and EV models, and implementing sustainability initiatives. The decision was made during a board meeting on July 25, 2025, based on the Nomination & Remuneration Committee's recommendation.

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*this image is generated using AI for illustrative purposes only.

Hyundai Motor India Limited (HMIL), a leading automobile manufacturer, has announced the re-appointment of C.S. Gopalakrishnan as Whole-Time Director for an additional term. This strategic move, approved by the company's Board of Directors, underscores HMIL's commitment to maintaining strong leadership and operational excellence in the competitive automotive sector.

Key Details of the Re-appointment

  • Term: July 28, 2025, to August 31, 2026
  • Position: Whole-Time Director and Senior Management Personnel
  • Current Role: Chief Manufacturing Officer and Business Head
  • Approval Status: Subject to shareholders' approval

Gopalakrishnan's Extensive Experience

C.S. Gopalakrishnan brings over 39 years of invaluable experience in the automotive manufacturing sector to his extended role. His journey with Hyundai Motor India began in 1997 as a founding team member, where he played a crucial role in establishing the company's state-of-the-art manufacturing facility in Chennai.

Educational Background and Career Highlights

  • Mechanical Engineer with a postgraduate degree in Management from ICFAI University
  • Diploma in Mechanical Engineering and AMIE certification
  • Over 11 years of experience at Maruti Udyog Limited before joining HMIL

Contributions to Hyundai Motor India

Under Gopalakrishnan's leadership, HMIL has achieved several milestones:

  • Expanded SUV production to meet increasing market demand
  • Successfully integrated ICE and EV models into unified manufacturing streams
  • Drove flexible operations and resource optimization
  • Achieved substantial cost savings through innovative process improvements

Focus on Sustainability and Innovation

Gopalakrishnan has been instrumental in championing sustainability initiatives at HMIL, including:

  • Spearheading orbit manufacturing
  • Adopting renewable energy solutions
  • Implementing water conservation measures

Board Meeting Details

The decision to re-appoint Gopalakrishnan was made during a board meeting held on July 25, 2025. The meeting, which commenced at 3:00 PM IST and concluded at 3:35 PM IST, was based on the recommendation of the Nomination & Remuneration Committee.

This re-appointment reflects Hyundai Motor India's confidence in Gopalakrishnan's leadership and his ability to drive the company's growth and innovation in the evolving automotive landscape. As the automotive industry continues to face challenges and opportunities, Gopalakrishnan's extensive experience and strategic vision are expected to play a crucial role in HMIL's future success.

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Hyundai Motor India Faces 11.5% Drop in Wholesale Numbers Amid Market Challenges

1 min read     Updated on 24 Jul 2025, 11:01 AM
scanxBy ScanX News Team
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Overview

Hyundai Motor India Ltd. experienced an 11.5% decline in wholesale vehicle distribution for the second quarter. The company has scheduled a board meeting on July 30, 2025, to discuss and approve the un-audited financial results for the quarter ended June 30, 2025. The trading window for company shares will be closed for designated persons until 48 hours after the results declaration.

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*this image is generated using AI for illustrative purposes only.

Hyundai Motor India Ltd. , a major player in the Indian automotive market, has reported a significant decline in its wholesale numbers for the second quarter. The South Korean automaker experienced an 11.5% drop in wholesale vehicle distribution in India, signaling potential challenges in the domestic market.

Wholesale Performance Dip

The 11.5% decrease in wholesale numbers represents a substantial shift in Hyundai's distribution strategy or market demand. This decline could be attributed to various factors, including:

  • Changing consumer preferences
  • Economic conditions affecting purchasing power
  • Supply chain disruptions
  • Increased competition in the Indian automotive sector

Implications for Hyundai's Market Position

This downturn in wholesale figures may have several implications for Hyundai Motor India's operations and market standing in India:

  • Potential impact on market share
  • Reassessment of production and inventory management
  • Possible adjustments to marketing and sales strategies

Looking Ahead: Financial Results Announcement

While the company grapples with the wholesale number decline, Hyundai Motor India Limited has scheduled a board meeting for July 30, 2025, to discuss and approve the un-audited financial results for the quarter ended June 30, 2025. As per the company's announcement:

  • The board meeting will consider both standalone and consolidated financial results.
  • The trading window for company shares will remain closed for designated persons until 48 hours after the declaration of the un-audited financial results.

This upcoming financial disclosure may provide more context to the reported decline in wholesale numbers and offer insights into Hyundai's overall performance in the Indian market.

Market Response and Future Outlook

The automotive industry will be closely watching how this decline in wholesale numbers translates into Hyundai Motor India's financial performance and market strategy. The upcoming financial results may shed light on whether this is a temporary setback or part of a broader trend affecting the company's operations in India.

As the Indian automotive market continues to evolve, Hyundai's ability to adapt to changing market conditions and consumer preferences will be crucial in maintaining its strong presence in one of the world's largest automotive markets.

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