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Showing posts with label Hyundai Motor Group. Show all posts
Showing posts with label Hyundai Motor Group. Show all posts

Monday, 8 June 2015

08:47

Palace on Wheels to chug into Gujarat

Palace on Wheels to chug into Gujarat

Ahmedabad (ADI): Very soon, Palace on Wheels, the luxury train of Rajasthan Tourism, will chug off from the city’s station. The train will undergo a metamorphosis as it will now host board meetings, product launches and also marriage parties on the move.

Sajid Sayed, who runs JS Ventura, a Gujarat-based travel company, has signed an agreement with the Rajasthan State Tourism Department and Indian Railways to bring the Palace on Wheels to Gujarat. According to the agreement, Sayed will run the train, which includes finalizing its itinerary as per bookings.

In August, the train will start plying from Gujarat with its first marriage party on board.

Sayed says, “We have booked the train for the year and will plan the journey according to the needs of our clientele. We plan to take the Palace on Wheels from Ahmedabad, and ahead to Udaipur, Jaipur, Savai Madhavpur, Delhi and the final destination will be Agra. We also have plans to host dinner for the passengers on the lawns near Taj Mahal. We have taken special permission for this.”

“Though the train will originate from Ahmedabad, we have to market Rajasthan state tourism as it is their property and will book guests in hotels run by the Rajasthan Tourism Department.” Officials said Palace on Wheels was hardly getting any takers while in Rajasthan. In its new run, much depends on the famous Gujarati enterprise.

JS Venture was formed by Shri Sajid Sayed an M.B.A from London 4 years back. JS ventures deals in Recruitments in corporates like Hyundai, Vodafone, Volks Wagon, Honda and Suzuki. The organization also has a limitless of adventure, sport at Goa and Netrani island for scuba diving, deep sea diving with special trainers from Holland at Manali and have Paraglyding, river rafting etc.

Monday, 25 May 2015

07:39

Hyundai Rotem to expand its footprints in India’s Construction & Railway business

Hyundai Rotem to expand its footprints in India’s Construction & Railway business


New Delhi: Hyundai Motor Group’s Chairman Mong-Koo Chung met with India’s Prime Minister Narendra Modi to exchange ideas on Korea-India’s auto industry’s cooperation and mutual development. This was stated in a press release issued by Hyundai Motor India. The company has expressed its desire to expand its business into sectors like construction and railways in India. The Group, at present, is the largest exporter of cars from India. Hyundai Motor Group started its railway business in India with Hyundai Rotem securing its first order in 2001. In the construction business alone, the company has successfully secured business in bridges, harbours and power plants.


Chairman Chung mentioned, “Hyundai Motor’s Chennai plant is a symbol of Korea-India economic cooperation and I thank the Indian government for its support in Hyundai Motor’s growth in the Indian Market.”

Chairman Chung commented “I hope in the future Hyundai Motor Group will be able to continue its cooperation with India in other areas such as construction and railway to play a more meaningful role in Korea-India’s mutual economic development.”

Modi replied “It is a great pleasure to meet with Chairman Chung. Hyundai Motor plays a key role in India’s auto industry. India will actively seek possible ways to continue its cooperation with Hyundai Motor. I hope Hyundai Motor will become a leading global company through its success in India.”

Hyundai Motor, in its first year in the market, ranked second among the car brands in India. It continued to launch strategic models specifically targeting India and now leads the market by selling 400,000 vehicles annually.

The Indian plant can currently produce up to 650,000 units operating on three shifts and improving the UPH (unit per hour) within its two plants.

Hyundai Motor Group started its railway business in India with Hyundai Rotem securing its first order in 2001. By securing subsequent orders such as Bangalore and Hyderabad metro deals, Hyundai Motor Group has the largest market share in India’s EMU market.

In the construction business alone, Hyundai Motor Group has successfully secured business in bridges, harbors, and power plants. Hyundai Motor Group is aiming to expand its business as the Indian government is actively investing in infrastructure projects.

In the auto component business, Hyundai Motor is helping its business partners in its expansion into the Indian market. Currently, 71 component suppliers including 42 tier I suppliers have expanded into the Indian market along with the Hyundai Motor and continuing its growth in the market.

As the auto industry output continues to increase Hyundai Motor will support its component suppliers to attain business with other global auto companies in India, the release added.