In a statement, Tarun Garg, Whole-time Director and COO of HMIL, highlighted the company’s ability to maintain sales momentum despite challenges faced by the industry. He attributed the success to customers’ trust in Hyundai’s smart mobility solutions.

One key factor driving growth was the introduction of the Hy-CNG Duo technology, which contributed to 13.1% of domestic sales in 2024, up from 10.4% the previous year. The Hyundai Creta, with 1,86,919 units sold, continued its dominance in the SUV segment, contributing 67.6% of HMIL’s domestic sales.

The company’s SUV portfolio remained a key strength, reinforcing Hyundai’s position as a leader in the segment. Exports also played a significant role, with 1,58,686 units shipped in 2024, underlining India’s role as a global export hub for Hyundai. Looking ahead, Garg expressed confidence that the upcoming Creta Electric would further boost Hyundai’s appeal in the SUV market.

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