Wednesday, May 07, 2008

Hyundai Motors India Ltd. Celebrated ‘13th Foundation Day in India’

South Korean car maker Hyundai has recently celebrated its ‘13th foundation day in India’ in a befitting manner. Hyundai Motors India Ltd. (HMIL) started its operation in India in 1996 and the company became the second largest manufacturer in the country within six months of starting production. The company reached the 100,000-car mark within 19 months. Still, Hyundai Motors Indian Ltd. is the second largest car manufacturer in India. Hyundai India has its plant at Chennai, Tamil Nadu.

On the occasion of 13th foundation day in India, the company donated Rs 20 lakh worth used engine and cars to the educational institution so that automobile engineering students can use engines and cars in their studies.

Chennaionline reported:

The celebrations were marked by a function, in which used engines and cars worth Rs 20 lakh were donated to various educational institutions to enable their students to study automobile technology.

Besides, mementos were presented to 224 employees, who have been part of the company for more than a decade, a company release here said.

Hyundai Motors India Ltd. has done an incredible job over the years in India and has come up with a number of successful car models like Hyundai Getz, i10 etc. from its Chennai plant. The company is releasing Hyundai i20, a supermini car, which is also expected to bring out success for the company in the global market.

I think, donating the engines and cars for the engineering students, Hyundai has set a good example for the automobile companies in the country. India has one of the emerging car markets in the world and it is expanding rapidly. Indian economy has also been experiencing a rapid growth over the last few years. So, Indian car market seem to have enough potential in the coming years and many foreign and local companies may enter in the market. So, Indian car manufacturers will require skilled automobile engineers in future. So, both local and foreign companies should provide financial and technological help to the universities in order to get a good amount of skilled automobile engineers in future.