Hyundai Motor India Limited has officially entered the commercial mobility segment with the launch of its dedicated Prime Taxi range on Tuesday. The launch introduces two purpose-built variants - Prime HB (hatchback) based on Grand i10 NIOS and Prime SD (sedan) based on Aura - specifically designed for fleet operators and taxi entrepreneurs across India.

Prime Taxi Range Pricing and Specifications

The Prime Taxi range offers competitive pricing with comprehensive specifications tailored for commercial operations:

Both variants are powered by a proven and reliable 1.2L Kappa 4-cylinder engine available in petrol and CNG configurations. The CNG variants deliver exceptional fuel efficiency with Prime SD achieving 28.40 km/kg and Prime HB delivering 27.32 km/kg as per ARAI certification. All models come with company-fitted CNG and speed limiting function (SLF) backed by three years warranty.

Comprehensive Safety and Comfort Features

The Prime range comes equipped with extensive safety and convenience features designed for commercial operations:

Additional features include footwell lighting, with rear adjustable headrests and keyless entry available exclusively on the Prime HB variant.

Extended Warranty and Service Support

According to Managing Director & CEO designate Tarun Garg, the Prime range addresses fleet operators' priorities of maximum uptime, predictable maintenance, and low operating costs. "Fleet operators and taxi drivers look for vehicles that deliver maximum uptime, predictable maintenance and low operating costs, and the Hyundai Prime range has been developed precisely with these priorities in mind," Garg stated.

The company offers specially designed extended warranty coverage for the 4th and 5th year or 180,000 kilometers, whichever comes earlier. The vehicles feature a low maintenance cost of 47 paise per kilometer, calculated based on recommended periodic maintenance services up to 100,000 kilometers.

Optional Accessories and Finance Solutions

Hyundai Motor India has introduced optional accessories including:

The Prime HB and Prime SD are available in three color options - Atlas White, Typhoon Silver, and Abyss Black. Bookings are now open across all Hyundai dealerships in India with the ₹5,000.00 booking amount. The Prime range benefits from Hyundai's nationwide sales and service network, with exclusive trained fleet care advisors available at dealerships to assist taxi and fleet customers.

Hyundai Motor India Limited (HMIL) shareholders have overwhelmingly approved the appointment of Mr. Tarun Garg as Managing Director and Chief Executive Officer through a postal ballot process. The resolution received strong support with 99.75% of votes cast in favor, demonstrating significant shareholder confidence in the proposed leadership change.

Voting Results and Approval

The postal ballot results, declared on December 15, were conducted by scrutinizer K J Chandra Mouli from BP Associates, Company Secretaries. The voting process was managed through remote e-voting facilitated by National Securities Depository Limited (NSDL).

Appointment Details

The approved appointment carries specific terms and conditions that were outlined in the original postal ballot notice:

About Tarun Garg

Mr. Tarun Garg brings extensive automotive industry experience to his new role. He holds a Mechanical Engineering degree from Delhi Technological University and an MBA from IIM Lucknow. His professional background includes a distinguished career at Maruti Suzuki India Limited, where he served as Executive Director of Marketing, Logistics, Parts and Accessories.

Professional Expertise and Strategic Focus

Mr. Garg's expertise encompasses several key areas critical to Hyundai Motor India's growth strategy:

• Market and industry dynamics analysis
• Wholesale and retail sales strategies
• Premium channel development initiatives
• Digital marketing and customer engagement
• Business expansion into rural markets and used car segments
• Technological advancement implementation, including Advanced Driver Assistance Systems (ADAS) across nine models

Corporate Governance Process

The postal ballot process was conducted in accordance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution was deemed passed on December 11, 2025, being the last date of e-voting, with results formally declared on December 15, 2025.

Hyundai Motor India Limited views this appointment as a strategic initiative to drive transformative and sustainable growth, leveraging innovation and strengthening market presence in India's competitive automotive sector.