Hyundai Motor India Ltd. (HMIL) was awarded the ‘IEI Industry Excellence Award for the year 2019’ by the Institution of Engineers (India) recently. IEI identifies and felicitates companies across sectors for their best-in-class innovations, success stories and stellar performances every year.
Mr. Ganesh Mani S (Director, Production), and Mr. JH Lee (Executive Director, Production), received this Award from the Minister for Road Transport & Highways of India, Mr. Nitin Gadkari, Prof (Dr.) KK Aggarwal, Chairman of National Board of Accreditation, and Dr. Gunaraja T.M., President, Institution of Engineers.
15 companies from various sectors were handpicked for this top honor under 9 categories. HMIL is the only auto major to be recognized, on its maiden attempt, for demonstrating the highest order of industry business excellence under the Rs. 5,000 crores and above turnover category. The IEI committee and jury assessed the participants based on their financial performance, manufacturing excellence, innovation, corporate governance, R&D, safety, quality, occupational health, sustainability practices and CSR initiatives.
Few industry best practices at Hyundai:
- Application of Industry 4.0 solutions: VR training to employees, installation of predictive-maintenance alert system, leveraging data analytics to sustain the 100% operational efficiency, among others
- Green initiatives: 76% renewable energy (wind, co-gen, solar) used [only auto major in India to do so], Regenerative Thermal Oxidation (RTO) unit to reduce VoC emission, 100 % LED lighting used, among others
Staying in line with the vision of Prime Minister of India, Mr. Narendra Modi’s ‘Make in India for the World’, Hyundai strikes the perfect balance bridging cutting-edge technology and skilled manpower, and building a robust ecosystem while generating employment to over 2.5 lakh people (directly & indirect), since inception.
HMIL is also India’s first Smart Mobility Solutions Provider with BS-IV ready vehicles. With an investment of USD 4.1 billion in its state-of-the-art production facility in Chennai, HMIL manufactures 12 car models and a total of 350+ variants, including India’s first fully-electric SUV Kona.