Hyundai Opens Up Massive Headquarters In Gurugram With Investments Worth Rs 1000 Crore

Automotive manufacturer Hyundai Motors has set foot at Gurugram in Haryana with an investment of Rs 2000 crore.

Haryana Chief Minister Manohar Lal Khattar and even Hyundai’s arch-rival Maruti Suzuki’s Managing Director Kenichi Ayukawa attended the ceremony as the Korean company opened up its lavish mega-corporate office in Gurugram.

Set to be the automaker’s headquarters in India, the new office is spread across an area of 28,000 sq ft with an investment of about Rs 1000 crore in the last three years.

It is further adorned with several renewable energy elements such as 14 charging units for electric vehicles, 50kw solar panels at the roof top and also a green wall with plans across 400 sq mt. According to the report, the company plans to invest additional Rs 1,000 crore to build another facility adjacent to the new headquarters.

S S Kim, MD and CEO of Hyundai, told the Times of India, “With a strong commitment towards people and environment, this headquarters will be a focal point of innovation and realise Hyundai India’s vision of ‘Progress for the People, Prosperity for the Planet’.”

Hyundai’s big venture in Haryana follows Maruti Suzuki’s plans to invest around Rs 18000 crore in the state and thus ramp up its car production abilities to around one million units annually.

As per those plans, Maruti will be shifting to a more robust, bigger and modern manufacturing setup from its current plant in Gurugram.