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302 views12 pages

Company Profile

Uploaded by

Lingesh Lingesh
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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COMPANY PROFILE :

THE FPL HYUNDAI LOGO

Hyundai logo represent that two people shaking hands.


The two people represented by the Company and the Customer.

With over 20+ years of industry expertise, they are currently serving
the Chennai market for Hyundai automobiles in Ambattur, Chrompet,
Gudavanchery,Koyambedu, Nerkundram, Pallavaram, Vadapalani and
Vanagaram.

FPL Automobiles Private Limited is a part of the Indian Engineering Plastics


Company "Formulated Polymers Limited", which was established in the year
1993.

FPL Automobiles Private Limited (FPL HYUNDAI), are the dealers for
Hyundai passenger vehicles, for an assigned territory of Greater Chennai. With
customer contentment as the primary objective, FPL strives to be the pacesetter
ever since its inception. There vast past experience and the art ofperfection in the
business practices, we cater to the demand of the exclusive clientele of Chennai
by selling and servicing Hyundai passenger vehicles.

FPL Hyundai will always strive to offer the best after-sales services to their
distinguished Hyundai Customers in and around Chennai. Their workshop
provides improved customer convenience in getting their car serviced with the
state-of-the-art equipment and machinery, an exclusive customer lounge, training
center, certified body, and paint facility.

HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts


of the most advanced production, quality and testing capabilities in the country. In
continuation of its commitment to provide the Indian customer with global
technology, HMIL has set up its second plant, which produces an additional
300,000 units per annum, raising HMIL's total production capacity to 600,000
units per annum.
AWARDS:

Best All Rounder Award — My' 1 8, NDC — Taipei, Taiwan(Feb 2019)


NDISTC,2019 — Excellent Performance in Sales Training(2019)
Auto Retail Forum — Rising Star Award (Winner — South)(2019)
Best Taxi Segment Achievement Award(July 2019)
Best Premium Car Achievement Award, Elantra, HI (2019)
Hyundai Zonal Platimtm Club Membership for the year(2019)
Best Premium Car Achievement Award, Elantra, CY '(2018)
Best Order — Retail Volume Award, NDC(2018)
Best Performance Accessories(2018)
Best Order Volume Growth(2018)
Best IQS CATI Dealer Award, NDC(2017)
Best Renovated Facility — H Promise(2017)
South zone sales head conference, 2016 — "Grand Champion-2015"
Washing Supervisor-Best Performance

Master Technician Award


Customer Care Executive Award

PRODUCT LINE UP :

Tucson (2005) Verna (2006)


Xcent prime(2014)
i20 (2008)

Creta (2015) Kona Electrical (2019)


Aura(2020)
Alcazar(2021)
FPL Training methods
which they are following :
Soft Skill Training
Service Training
Technical Advisor
CCE

After the Technical advisor training, they will conduct the Vehicle specification
exam, Basic exam and skill feast.

Then they will give Hyundai cenification program and In-house training.

In technical training they will provide their own material, Tool handling video.

Hyundai has Technical Training Academies (12) — Technical Training and


Hyundai Body Academies (4) — Bodyshop Training.
2011- 2019 Car Sales rank data :
In 2011-2019 rank data Hyundai has got 2nd rank in the car sales
INDUSTRY PROFILE:
The automobile sector is one of the core industries of the
Indian economy. For many decades, the United States led the world in total
automobile production. The delicensing of the sector in 1991 and the subsequent
opening up of 100 per cent foreign direct investment (FDI) through the automatic
route marked the beginning of a new era for the Indian automotive industry. Since
then almost all the global major automobile players have set up their facilities in
India taking the level of production of vehicles from 2 million in 1991 to 10.83
million in 2007— 2008.

The Indian automobile industry has been growing at the rate of 15—27 per cent
over the past five years. The automobile industry in India—the tenth largest in the
world with an annual production of approximately 2 million units—is expected to
become one of the major global automotive industries in the coming years.

In 1953, the government of India and the Indian private sector-initiated


manufacturing processes to help develop the automobile industry, which had
emerged by the 1940s in a nascent form. Between 1970 to the economic
liberalization of 1991, the automobile industry continued to grow at a slow pace due
to the many government restrictions. The industry provided employment to total of
13.1 million people as of 2006-07, which includes direct and indirect employment.
The export sector grew at a rate of 30% per year during early 21st century.
However, the overall contribution of automobile industry in India to the world
remains low as of 2007. Increased presence of multiple automobile manufacturers
has led to market competitiveness and availability of OPTIONSs at competitive
costs.
The production of automobiles in India is largely aimed at local consumers.
Several Indian manufacturers also expon a diverse variety of auto components.
Tiku (2008) predicts a sale of 4 million four wheeler automobiles in India bya
2015.1ndian passenger vehicle exports are also expected to rise from 170,000 in
2006 to 500,000 in 2010.

In July 2021, the European Commission released its "Fit for 55" legislation
package, which contains important guidelines for the future of the automotive
industry; all new cars on the European market must be zero-emission vehicles
from 2035.

The governments of 24 developed countries and a group of major car

manufacturers including GM, Ford, Volvo, BYD Auto, Jaguar Land Rover and

Mercedes-Benz committed to "work towards all sales of new cars and vans being

zero emission globally by 2040, and by no later than 2035 in leading markets".

Major car manufacturing nations like the US, Germany, China, Japan and South

Korea, as well as Volkswagen, Toyota, Peugeot, Honda, Nissan and Hyundai,

did not pledge.

Investments :

To keep up with the growing demand, several auto makers


have started investing heavily in various segments of the industry during the last
few months. The industry attracted Foreign Direct Investment equity inflow (FDI)
worth US$30.78 billion between April 2000-September 2021, accounting for 59%
of the total equity FDI during the period.
Some of the recent/planned investments and developments in the automobile
sector in India are as follows:

In February 2022, a memorandum of understanding (MOU) was signed


between electric two-wheeler company Ather Energy and Electric Supply
Companies (ESCOMs) of Karnataka for setting up 1,000 fast charging
stations across the state.

In February 2022, Tata Power and Apollo Tyres Ltd announced a strategic
partnership for the establishment of 150 public charging stations across
India.

In January 2021, leading commercial vehicle manufacturer Ashok Leyland


teamed up with Al drivers, a global leader in Al-enabled autonomous
solutions for industrial mobility, to develop Al-enabled autonomous vehicles
to fulfil the demands of a sustainable future.

Two-wheeler EV maker HOP Electric Mobility, a diversified business


venture of Rays Power Infra, is looking at investing Rs. 100 crore (US$ 134
million) over the next two years to expand manufacturing capacity for its
EVs.

In December 2021, TVS Motor Company and BMW Motored, announced


a partnership in the two-wheeler EV space, with plans to release their first
electric two-wheeler within the next two years.

In December 2021, Hyundai announced plans to invest Rs, 4,000 crores


(US$ 5305 million) in R&D in India, with the goal of launching six EVs by
2028.

In November 2021, Indian Oil Corporation (IOC) and two other public
sector oil firms announced that they will install 22,000 EV charging stations
in India over the next 3—5 years.
In November 2021, Skoda Auto announced plans to locally manufacture
electric cars in India. However, the firm may bring its first EV, the Enya,
through the CBU route, before committing to local manufacturing.

In November 2021, Hero Motor (HMC), the parent company of Hero


Cycles, entered a joint venture partnership with Yamaha, a Japanese
twowheeler major, to make electric motors for e-bicycles for the global
market.

• In October 2021, Tata Motors announced that private equity group TPG
along with ADQ of Abu Dhabi has agreed to invest Rs. 7,500 crore (US$ I
billion) in its EV division.

• A cumulative investment of Rs. 12.5 trillion (US$ 180 billion) in vehicle


production and charging infrastructure would be required until 2030 to meet
India's EV ambition.

ACHIEVEMENTS:

Following are the achievements of the Indian automotive sector:

• India is the largest manufacturer of 2W and 3 W and the 4th largest


manufacturers of passenger cars in the world2

• A Vehicle Scrapping and Recycling Facility is set up by Maruti Suzuki


Toyotas India Private Limited (MSTI) at Noida in an area of 11,000 sqm
with a capacity of handling 24,000 vehicles per year, aimed at creating an
ecosystem for phasing out unfit and polluting vehicles from the Indian
roads.
• BHEL has spent around INR 30 crore on R&D expenditure and filled 34
patents/copyrights

• BHEL supplied the Steam Turbine and Generator package for the project
India's first of its kind, highest rated, 700 MWe Pressurized Heavy Water
Reactor

• E-Amrit has been developed and hosted by NITI Aayog under a collaborative
knowledge exchange programme with the UK government and as part of the
UK—India Joint Roadmap 2030, signed by the Prime Ministers of the two
countries. E-Amrit is a one-stop destination for all information on electric
vehicles—busting myths around the adoptions of EVs, their purchase,
investment opportunities, policies, subsidies, etc.

• TCIL launches first e-vehicle charging station in South Delhi area at South
Extn. Pan I with support of SDMC to help in popularizing use of e-vehicle and
in reducing pollution in metro city of Delhi.

• NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a
report, titled 'Banking on Electric Vehicles in India', which outlines the
imponance of priority-sector recognition for retail lending in the electric
mobility ecosystem.
• Power Grid Corporation of India Limited (POWERGRID), has laid the
foundation stone for first ever Electric Vehicle Charging Station (EVCS) in the
state of Meghalaya at its office complex at Lapalang, Shillong.
• World's most advanced technology is developed Green Hydrogen Fuel
Cell Electric Vehicle (FCEV) - Toyota Mirai, the first ofits kind project in India
which aims to create a Green Hydrogen based ecosystem in the country. Under
the Scheme for Faster Adoption and Manufacturing of Electric
• Vehicles in India Phase-Il (FAME India Phase Il) ofthe Ministry ofHeavy
Industries, 2877 public EV charging stations have been sanctioned in 68 cities.

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