Hyundai Motor India expects strong export recovery from Q2 FY27

FY27,
suppo ted
by

obust
dema d
a d
a
healthy
o de
backlog
ac oss
key
ma kets,
Ma agi g
Di ecto
a d
CEO
Ta u
Ga g
said,
acco di g
to
a

PTI
epo t.

The
compa y’s
expo ts
decli ed
19.6
pe
ce t
yea -o -yea
to
38,708
u its
i
Q1
FY27,
compa ed
with
48,140
u its
i
the
co espo di g
qua te
last
fiscal.
Ga g
att ibuted
the
decli e
to
the
co ti ui g
impact
of
the
US-I a
co flict
o

Middle
East
shipme ts
a d
a
tempo a y
p oductio
dis uptio
i
Ju e
followi g
a
fi e
i cide t
at
supplie
Mobis.

New
models
to
boost
expo ts

Despite
the
fi st-qua te
decli e,
Ga g
said
the
u de lyi g
fu dame tals
of
Hyu dai’s
expo t
busi ess
emai
st o g,
with
healthy
backo de s
a d
obust
custome
dema d
ac oss
key
ma kets.
The
compa y
expects
expo t
volumes
to
ecove
f om
Q2
o wa ds
a d
emai s
co fide t
of
meeti g
its
ove all
full-yea
g owth
guida ce
of
8-10
pe
ce t.

Hyu dai’s
ew
Ve ue,
cu e tly
available
i
29
expo t
ma kets,
has
eceived
a
e cou agi g
espo se,
with
the
compa y
pla i g
to
expa d
its
p ese ce
to
35
ma kets.
The
automake
has
also
sta ted
shipme ts
of
the
updated
Ve a
a d
Exte ,
i cludi g
the
left-ha d-d ive
ve sio
of
the
Exte .

Ga g
said
the
LHD
Exte
will
each
13
ma kets
by
Q3,
while
the
updated
Ve a
is
expected
to
be
available
i
mo e
tha
25
ma kets
by
the
same
pe iod.

The
compa y
co ti ues
to
face
logistical
challe ges
li ked
to
f eight
moveme t
th ough
the
St ait
of
Ho muz,
although
Ga g
said
o de
flows
f om
the
Middle
East
a e
imp ovi g
a d
p oductio
has
amped
up
followi g
the
supplie
dis uptio .

I
Mexico,
despite
ta iff- elated
challe ges,
Hyu dai
co ti ues
to
eceive
o de s,
while
its
Ce t al
a d
South
Ame ica
busi ess
eco ded
23
pe
ce t
yea -o -yea
g owth
i
Q1,
with
dema d
emai i g
steady.

Ga g
said
Hyu dai’s
expo t
ambitio s
emai
highe
tha
me ely
etu i g
to
last
yea ‘s
levels.
“Ou
aspi atio s
a e
much
highe .
We
expect
to
do
bette
tha
a
48,000-u it
qua te
i
the
comi g
qua te s
o
the
expo t
f o t,”
he
said.

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