Hyundai Motor India Limited – Artifex.News

Hyundai Motor India to increase women executive workforce from 8% to 20% by 2030

admin — Mon, 07 Sep 2026 09:21:00 +0000

About 45% of young talent – Management Trainees & Engineer Trainees – recruited in 2026 are women. Photo: Special arrangement.

Hyundai Motor India Limited (HMIL) has announced a target to increase women’s representation in its executive workforce to 20% by 2030, from little more than 8% of HMIL’s total executive workforce of over 4,000 employees.

HMIL said it was witnessing increased participation of women across manufacturing, engineering, R&D, sales, service, corporate functions and leadership roles.

About 45% of young talent (Management Trainees & Engineer Trainees) recruited in 2026 are women, Tarun Garg, MD & CEO, HMIL, said, “We believe that bringing together people with diverse experiences, perspectives and capabilities helps create stronger teams, drive innovation and build a more resilient organisation.”

“Our commitment to achieving 20% women representation in the executive workforce by 2030 reflects our focus on expanding opportunities, strengthening our talent pipeline and creating an environment where every individual can realise their full potential,” he said.

“As the talent landscape continues to evolve, we are encouraged by the increasing participation of talented women professionals across industries and look forward to enabling their growth across all areas of our business,” he added.

As part of the long-term workforce strategy, HMIL has implemented a comprehensive Diversity, Equity and Inclusion (DEI) framework designed to attract, develop and retain talent while supporting career progression and leadership development.

As India’s automotive and mobility sectors continue to transform through advanced manufacturing, digitalisation and evolving customer expectations, workforce diversity is becoming an increasingly important contributor to innovation, problem-solving and organisational resilience, the company said.

LHMIL believes that attracting talent from a broad spectrum of backgrounds enhances competitiveness and supports sustainable business growth,” it added.

Published – September 07, 2026 02:51 pm IST

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Hyundai to hike prices by up to ₹25,000 from January 1, 2024

admin — Thu, 05 Dec 2024 08:38:51 +0000

Hyundai Motor India Limited’s price increase will impact all the 2025 models.
| Photo Credit: AP

Hyundai Motor India Limited on Thursday (December 5, 2024), said it will increase prices of its vehicles across model range by up to ₹25,000 from January 1, 2025.

“The price increase has been necessitated owing to an increase in input costs, adverse-exchange rate and increase in logistics costs,” Hyundai Motor India Limited (HMIL) said in a statement.

“With the sustained increase in input cost, it has now become imperative to pass on a part of this cost-escalation through a minor price adjustment,” HMIL whole-time Director and Chief Operating Officer Tarun Garg said.

“This price increase will be done across-models and the extent of increase will be up to ₹25000,” he added.

The price increase will impact all the 2025 models.

Mr. Garg said, “The company has always endeavored to absorb rising-costs to the extent possible, ensuring minimal impact on our customers”.

At present, HMIL sells a range of vehicles priced between ₹5.92 lakh for Grand i10 NIOS and ₹46.05 lakh for the electric vehicle IONIQ 5.

Published – December 05, 2024 02:08 pm IST

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Hyundai to hike prices by up to ₹25,000 from January 1, 2025

admin — Thu, 05 Dec 2024 08:38:51 +0000

Hyundai Motor India Limited’s price increase will impact all the 2025 models.
| Photo Credit: AP

Hyundai Motor India Limited on Thursday (December 5, 2024), said it will increase prices of its vehicles across model range by up to ₹25,000 from January 1, 2025.

“The price increase has been necessitated owing to an increase in input costs, adverse-exchange rate and increase in logistics costs,” Hyundai Motor India Limited (HMIL) said in a statement.

“This price increase will be done across-models and the extent of increase will be up to ₹25000,” he added.

The price increase will impact all the 2025 models.

Mr. Garg said, “The company has always endeavored to absorb rising-costs to the extent possible, ensuring minimal impact on our customers”.

At present, HMIL sells a range of vehicles priced between ₹5.92 lakh for Grand i10 NIOS and ₹46.05 lakh for the electric vehicle IONIQ 5.

Published – December 05, 2024 02:08 pm IST

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