From correspondents in Andhra Pradesh, India, 10:06 PM IST
Hyundai Construction Equipment India Pvt. Ltd. inaugurates its South Regional Office at Hyderabad on 12th August 2008. Mr. J S Kim, Managing Director, Hyundai Construction Equipment (I) Pvt. Ltd. formally cut the ribbon to inaugurate the office. Key Customers and Dealer Principals were also present on the occasion.
Hyundai Construction Equipment India Ltd., a wholly owned subsidiary of Hyundai Heavy Industries, Korea, which is a global leader in construction equipment industry and diversified in related many business areas which include shipbuilding, engine and machineries and power plant engineering. This group is having high focus on each of its business area and setting up a construction equipment plant in Pune, India is one of the steps to make its construction equipment business in foray.
An in-house program, followed by a press conference was held on this special occasion, presenting the inauguration of South Regional Office as a stepping stone towards their goal to become the market leader in Southern India for Construction Equipment.
The Southern Regional Office will cater services to States of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala.
Speaking at a press conference, Mr J S Kim, Managing Director, Hyundai Construction Equipment India Pvt. Ltd., said “During last one year, in spite of adverse situations, we have successfully achieved the milestones like setting up a state of the art factory, developing the organization with the best talent available, developing a strong distribution network across the country and rolling out its 20T Excavator by August’08. He reinstated that Hyundai is considering India as a strategic market where investment planning has been made to realize long term vision with respect to construction equipment.
Emphasizing on social commitment of the organization he said, “We would like to be a partner ourselves with economic development of the country, people development through creation of employment opportunity, enhancement of people’s living standard and overall society development. Our future course of actions will certainly charter high quality corporate social responsibility”.
Mr Suvendu Moitra, Head – Marketing made a detailed presentation on the past, present and future plannings of Hyundai Construction Equipment India Pvt. Ltd. He revealed that so far Hyundai appointed 16 dealer partners all over India and out of them 5 are from the Southern Region – one each from Karnataka, TN and Kerala and rest two from AP.
He also announced that Hyundai Pune has the capacity to scale up its production upto 10000 units per annum & this will help to position Hyundai amongst the top construction equipment manufacturing company in near future. He emphasized on the features of Hyundai excavators like Fuel Economy, Competitive Machine & Spare Parts Price, Higher Productivity and Higher Component Life.
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