• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Hyundai Achieves 92% Localization in Manufacturing with Key Milestones in EV Production

Hyundai Achieves 92% Localization in Manufacturing with Key Milestones in EV Production

01/21/2025
Swiss Security Solutions LLC Named Finalist for Best International Security Services Provider at the 2025 Go Global Awards

Swiss Security Solutions LLC Named Finalist for Best International Security Services Provider at the 2025 Go Global Awards

11/18/2025
Invest Barbados Named Finalist for Investment Promotion Agency of the Year at Go Global Awards

Invest Barbados Named Finalist for Investment Promotion Agency of the Year at Go Global Awards

11/14/2025
Zoni American High School Named Finalist for Best in Student-Centric Academic Support at the Go Global Awards

Zoni American High School Named Finalist for Best in Student-Centric Academic Support at the Go Global Awards

11/14/2025
CTW Saudi Arabia Returns for Its 3rd Edition, Unlocking Global Business Opportunities

CTW Saudi Arabia Returns for Its 3rd Edition, Unlocking Global Business Opportunities

11/13/2025
Gulf 4P 2025 to Power Regional Growth in Plastics, Packaging, Printing, and Petrochemicals

Gulf 4P 2025 to Power Regional Growth in Plastics, Packaging, Printing, and Petrochemicals

11/13/2025
Grew Energy Private Limited Named Finalist for Solar Energy Manufacturer of the Year at Go Global Awards

Grew Energy Private Limited Named Finalist for Solar Energy Manufacturer of the Year at Go Global Awards

11/13/2025
Innovative Filtrex Techno Engineering India Private Limited Named Finalist in Filtration Technology Innovator Category at the 2025 Go Global Awards

Innovative Filtrex Techno Engineering India Private Limited Named Finalist in Filtration Technology Innovator Category at the 2025 Go Global Awards

11/13/2025
Rich Freight Services Ltd Named Finalist for “Project Cargo Specialists of the Year” at the 2025 Go Global Awards

Rich Freight Services Ltd Named Finalist for “Project Cargo Specialists of the Year” at the 2025 Go Global Awards

11/12/2025
The Allied Founders Pvt Ltd Named Finalist for Carbon-Neutral Exporter of the Year at the 2025 Go Global Awards

The Allied Founders Pvt Ltd Named Finalist for Carbon-Neutral Exporter of the Year at the 2025 Go Global Awards

11/12/2025
Vidushi Infotech SSP Pvt. Ltd. Named Finalist in Digital Trade Pioneer Category at the 2025 Go Global Awards

Vidushi Infotech SSP Pvt. Ltd. Named Finalist in Two Categories at the 2025 Go Global Awards

11/11/2025
Vidushi Infotech SSP Pvt. Ltd. Named Finalist in Digital Trade Pioneer Category at the 2025 Go Global Awards

Vidushi Infotech SSP Pvt. Ltd. Named Finalist in Digital Trade Pioneer Category at the 2025 Go Global Awards

11/07/2025
Cellomatics Biosciences Named Finalist for Bioscience Innovator of the Year at the 2025 Go Global Awards

Cellomatics Biosciences Named Finalist for Bioscience Innovator of the Year at the 2025 Go Global Awards

11/07/2025
supplychainreport
Thursday, November 20, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Hyundai Achieves 92% Localization in Manufacturing with Key Milestones in EV Production

by Geraldine S.
01/21/2025
in Manufacturing

Hyundai Motor India Limited (HMIL) has highlighted its commitment to the “Make-in-India” initiative by achieving up to 92% localization in manufacturing through a strategic indigenization roadmap. The announcement was made at the Bharat Mobility Global Expo 2025, where HMIL showcased its localization efforts in a dedicated zone.

In collaboration with Mobis India, HMIL has commenced local assembly of battery packs at a newly commissioned, state-of-the-art facility within its Chennai manufacturing plant. The Hyundai CRETA Electric is the first model to feature battery packs assembled at this facility, marking a significant step in the company’s electric vehicle (EV) production strategy.

YOU MAY ALSO LIKE

Gulf 4P 2025 to Power Regional Growth in Plastics, Packaging, Printing, and Petrochemicals

UNISIL: Advancing Global Chemical Manufacturing Through Innovation and Sustainability

Since 2019, HMIL’s localization efforts have resulted in foreign exchange savings of $672 million (INR 5,678 crore) and have generated over 1,400 direct employment opportunities. According to Gopalakrishnan Chathapuram Sivaramakrishnan, Whole-time Director and Chief Manufacturing Officer at HMIL, these efforts align with the Indian government’s “Atmanirbhar Bharat” and “Make-in-India” initiatives, leveraging the country’s resources, skilled workforce, and engineering capabilities to develop advanced technology domestically.

The commissioning of the battery-pack assembly plant represents a milestone in HMIL’s localization and EV roadmap, with the CRETA Electric standing as the first Hyundai EV manufactured in India to feature locally assembled battery packs.

Get the newest supply chain report news updates at The Supply Chain Report. Interested in international trade? Check out ADAMftd.com for free tools.

#MakeInIndia #Localization #EVManufacturing #SustainableMobility #HyundaiInnovation

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.