Hyundai Corporation forays into Indian market with consumer durables

The company is offering electronics and home appliances such as smart LEDs, air conditioners, washing machines and refrigerators

by exchange4media Staff
Published - Jan 24, 2019 2:26 PM Updated: Jan 24, 2019 2:26 PM
Hyundai

Hyundai Corporation has ventured into the Indian market with a wide range of products ranging from electronics and home appliances such as smart LEDs, air conditioners, washing machines and refrigerators.

The company will focus on market research, product innovation and talent acquisition in India for work in areas like artificial intelligence, technology and energy-efficiency, it said in a statement.

Speaking on the occasion, Akshay Dhoot, CEO, Hyundai Electronics, said, “With the vision to deliver seamless integrated technology to every household, we have brought in a wide range of Hyundai’s electronics and appliances to India. India is one of the key emerging markets with a burgeoning consumer durable segment and with Hyundai’s entry, we are committed to give Indian consumers an exposure to smart goods technology and product diversification methodologies, manufacturing cutting-edge goods. With the vision to understand our customers better and anticipating their needs, we shall always endeavor to deliver products that contribute meaningfully to a more enriching experience.”

Speaking on the occasion,” Abhishek Malpani, COO, Hyundai Electronics, “Hyundai electronics has continuously worked to usher a paradigm shift in the way people work, play and live today. This year, we are taking another leap to expand our footprints in Indian market with our diverse range of products. These products will demonstrate the entire gamut of innovation and expertise that Hyundai is known for and we shall remain committed to offer smarter products for the Indian market.

Hyundai Corporation is a South Korean multinational headquartered in Seoul, South Korea and was established in 1976 as an import and export-trading house of the Hyundai Group.

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