Team-BHP - Over 20 lakh cars exported by Hyundai through the Chennai port

The country's second biggest car manufacturer, Hyundai Motor India Limited (HMIL), has exported over 2 million cars from Chennai Port in the past decade.

Ever since the Korean auto giant entered into an exclusive agreement with the Chennai Port Trust back in 2006, HMIL has been using the Chennai Port as the sole hub of it's small car exports to all over the world. The Chennai Port has been instrumental in HMIL retaining its top exporter status for over a decade.

The company has been using the Chennai Port since 1996, when it came into existence in India. Exports started to ship outside from 2000 onwards, and prior to the exclusive agreement between the two in 2006, HMIL had already exported 3 lakh cars.

To commemorate this occasion of a "decade of partnership" between HMIL and the Chennai Port Trust, Shri. Cyril C. George, Chairman, Chennai Port Trust, handed over a cheque of Rs.19.69 crores towards refund of wharfage charges for the year 2015-16 to Shri. YK Koo, Managing Director, M/s. Hyundai Motors India Ltd.

Over 20 lakh cars exported by Hyundai through the Chennai port-img_in_dop_2mil_lst3.jpg

Commenting on the occasion Shri. YK Koo, MD, M/s. HMIL:

Quote:

“Exports have been integral to HMIL and we are happy to have had a great partnership with the Chennai Port which has only grown and strengthened over the years. This association has not only helped catapult Hyundai as the No.1 exporter for over a decade but also helped HMIL play a critical role in Hyundai’s global operations.”

Shri. Cyril C George, Chairman, Chennai Port Trust:

Quote:

“This partnership has been a win win proposition for both organizations not only in the past decade but also wish that this partnership continues to grow in the decades to come. Chennai Port is a pioneer in car exports and we have one of the best facilities. I applaud the initiatives taken by M/s. Hyundai Motor India and am happy that we have been able to partner them in their success. Chennai Port is always open to new ideas and I hope this serves as an example for other exporters to use our services.”

Official Press Release