Hyundai Motor gets FIEO 'Niryat Shree' Award for 05-06
23 Dec 2008 7:59 PM  by Rameshwar in Indian Car Market ,


Hyundai Motor India Limited (HMIL) , India's largest auto exporter and the second largest car manufacturer , was today honoured with the Niryat Shree ESilver Trophy for the year 2005-06 at a function organized by the Federation of Indian Export Organisations (FIEO). The award was conferred for Hyundai's outstanding performance in export in the Engineering and Metallurgical products under the Non-SSI category.

Honble President of India , Smt Pratibha Devi Singh Patil gave away the award at a glittering function to Hyundai Motor India , President , Mr Ashok Jha. Last year , Hyundai was the proud recipient of the EEPC top Exporter of the year Eaward for the year 2005- 06. HMIL , which is the largest passenger car exporter from India accounts for roughly 67% of the car exports from India.

HMIL reached the first milestone of exporting 100 , 000 cars in four years and ten months in October 2004.Followed by 200 , 000th and 300 , 000th car in October 2006 and August 2007 , in march 2008 , Hyundai crossed the half million mark for exports becoming the first Indian manufacturer to reach this figure in the fastest time.

Speaking on the occasion , Ashok Jha , President , Hyundai Motor India Ltd. said , we are honoured and delighted to receive this award. We understand the critical role of exports in bridging the country's trade gaps.Currently , Hyundai Motor India is exporting five of its most popular models , namely , the Santro , i10 , i20 , Getz and the Accent.

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