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South Korean car manufacturer, Hyundai is said to have ramped up productions at its manufacturing facilities in India. Hyundai is now said to be churning out more than 1000 vehicles on a daily basis, to meet the rising demands for their products in the Indian market.
According to reports from Financial Express, Hyundai has witnessed a five-fold increase in production, from 200 units in early-May to over 1000 in the first week of June. the sudden increase in production is to mainly meet the rising demand of its most recently launched products, which are the Creta, Venue and the Verna.
The company is also said to have now started working in two shifts, with 7,500 to 8,000 employees. This includes official staff, permanent workers, contract workers and other technicians. The number of employees working is still half of the 15,000 employee count from the pre-COVID-19 operations.
During the month of May 2020, Hyundai registered a cumulative sales figure of 12,583 units. Out of these 6,883 units came from the domestic market, sold within 22 days of the restart of operations. The remaining 5,700 units are said to have been registered through export sales during the previous month.
Hyundai also stated that its new online sales platform ‘Click-To-Buy', has been received extremely well in India. The online platform is said to have already received over 15,000 enquiries, with Hyundai hoping to convert many of them into sales.
The recently launched Hyundai Creta registered over 3,000 units of sales in the previous month, making it the best-selling car in the country. Hyundai has also stated that the SUV has already received over 26,000 bookings in the Indian market and is currently working on catering to the huge demand.
The Hyundai Creta is offered in India with a starting price of Rs 9.99 lakh, ex-showroom (Delhi). The SUV positioned in the mid-size SUV segment is offered with three engine options; all of which are brand new and compliant with the BS6 emission norms.
Thoughts About Hyundai Ramping Up Production Operations In India
Hyundai ramping up production in the country is a great sign not only for the brand but also for the auto industry. It indicates that with the lockdown easing up across the country, demand for vehicles is slowly moving back to near-normalcy in the Indian market.