HD Hyundai Construction Equipment India

HD Hyundai Construction Equipment is a leading construction and earthmoving equipment manufacturer and is known to provide the best excavators in India. The company started its operation in India in 2007, rolled out the 1st machine in 2008 from its manufacturing facility at Chakan, Pune. In a short span the company has achieved No.2 position in the domestic market. HD Hyundai CE India offers an extensive range of 36 variants in 6 product lines - Crawler Excavator, Mini-Excavator, Mining Excavator, Rock breaker, Special Attachments & Material Handling Equipment. HD Hyundai CE India products are also exported to 15+ countries in SAARC, MEA and Asia.

The active machine population 40,000+ is served through 225+ full-fledged 3S (Sales, Service and Spares) branches of the company and dealers. HD Hyundai Construction Equipment India has vast network distribution to provide the best After Service experience and Genuine Parts support to its customers across India. HD Hyundai CE India established 3 Parts Warehouses & 6 Regional Offices to support 37 dealers, 4 Overseas dealers & over 225 outlets to provide immediate assistance to its customers. The company is also importing Mini Excavators and Material Handling Equipment from South Korea to provide the Indian market with the best excavator in India.

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Basic Information

Nature of BusinessExporter and Manufacturer
Company CEOSeong Woo Shim
Total Number of Employees1001 to 2000 People
Year of Establishment2008
Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Annual TurnoverRs. 1000 - 5000 Crore

Statutory Profile

Import Export Code (IEC)03070*****
Tan No.PNEH0*****
CIN No.U45400PN2007FTC130553

MD's Message

MD's Message

Dear HD Hyundai Family,

It is an honour and a privilege to extend my warmest New Year greetings to each one of you. First and foremost, I express my gratitude to God for the blessings that allow me to lead this esteemed organisation dedicated to serving our valued stakeholders.

As we embark on a new year filled with promise and opportunities, I am delighted to be a part of the Hyundai India Team. I take this moment to share some noteworthy updates with you, reflecting the collective efforts and achievements of our entire Hyundai family.

Throughout the past year, we have witnessed significant growth across all facets of our business – be it sales, service, or spare parts. Notably, we have achieved a commendable 2.3% increase in market share compared to 2022, a testament to our dedication and the unparalleled support from our cherished customers, business partners (financers, dealers, and vendors), and our dynamic team.

The year 2023 marked the maturation of our new initiatives, both on the domestic and international fronts. Our endeavors in establishing a Smart Factory for the future, coupled with effective marketing strategies to domestic and overseas stakeholders, have resulted in substantial brand building and business growth. Hyundai India now stands not only as a premier player in the Indian construction equipment (CE) industry but also as the foremost exporter of excavators from India, gaining recognition in emerging markets across the Middle East, Africa, and Asian regions.

Despite robust demand, 2023 presented its fair share of challenges, including fierce price wars from low-cost competitors in India. However, our unwavering commitment to maintaining world-class quality standards, coupled with continuous innovation guided by our customers' feedback, has fortified our position in the market. This dedication has not only made our customers more competitive and profitable but has also solidified Hyundai's reputation as a leader in the industry.

In the face of a less encouraging global geopolitical environment, India shines as a beacon of promise, with a robust government driving the nation toward a 5 trillion-dollar economy. The construction equipment industry in India is poised for substantial growth in 2024 and 2025, and our business is well-positioned to capitalise on these opportunities, thanks to our strong fundamentals.

Reflecting on the past year, we have expanded our horizons by introducing new initiatives aimed at enhancing our products, offerings, and overall value delivery to our customers. The launch of new models in Excavators and Wheel Loaders at EXCON-2023, alongside the expansion of our Rebuild and XL solutions, is a testament to our commitment to continuous improvement. As we move forward, we will continue to add new products and digital solutions to our after-service offerings.

The true strength of Hyundai India lies in the Human Dynamics (HD) at play, where the contributions of our dedicated employees, dealers, vendors, and finance partners, coupled with the unwavering support of our customers, have propelled Hyundai to a leadership position in the CE industry. I am honored to be part of this remarkable team and am confident that we will embark on even more ambitious initiatives in 2024, further enhancing our products and solutions, driving our customers' business growth and profitability, and building a comfortable tomorrow for the next generation.

To all of you and your families, I extend my heartfelt wishes for good health, wealth, love, and happiness in 2024.

Stay safe and take care of yourselves!

Warm regards
Seong Woo Shim
Managing Director

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About Our Mentors

Mr. Jin Seog Park, Managing Director
“Innovation is in the genetic build-up of Hyundai Construction Equipment. We are always committed to creating innovative products that help maximise productivity as well as efficiency and create world-class infrastructure.”

Mr. Eunsoo Lee, COO
“Hyundai Construction Equipment has consistently created industry benchmarks in terms of product quality and customer service. Our motivated workforce and world class talent have helped us reach newer heights year after year”

Mr. Dong Yoon Kim, Director- Accounts & Finance
“Integrity is the cornerstone of everything that Hyundai Construction Equipment India does. This has helped us not only achieve unshakable customer confidence but also positioned us as a responsible corporate citizen.”

Mr. Sung Hyuk Lee, GM- Operations
“Our state-of-the-art production facility ensures that we deliver the highest quality equipment every time. We are constantly improving our processes to set the mark higher every time.”+ Read More

Our Milestones

Jun, 2007
  • Establishment of HCEIPL in India

Oct, 2008
  • First Hyundai Excavator Rolled Out in Indian Market

Nov, 2008
  • Hyundai India Factory Inaugurated

Jan, 2010
  • Launched indigenous R110-7 excavator

Apr, 2010
  • Launched indigenous R215LC-7

Aug, 2010
  • 1000th excavator rolled out from Pune plant

Nov, 2010
  • Launched indigenous R80-7 excavator

Jul, 2011
  • Launched indigenous R340LC-7 excavator

Apr, 2012
  • Launched R140-9 and R220-9S excavators

Jan, 2013
  • 5000th excavator rolled out from Pune plant

Feb, 2013
  • Launched R210-7v

Apr, 2014
  • Launched R390LC-9 and R220LC-7MaGiQ

Apr, 2015
  • 10000th excavator rolled out from Pune plant

Apr, 2017
  • Launch of Mini excavator & ‘SMART’ series machines

Nov, 2017
  • Launched indigenous R480LC-9S excavatorMay,

  • 20000th excavator rolled out from Pune Plant

  • Parts Distribution Center Inaugurated

Apr, 2019
  • Hyundai Corporate Office Inaugurated

Dec, 2019
  • Launch of HX Series Excavator HX360L & HX220L
+ Read More

Our Values

Hyundai Construction Equipment employees aim to achieve the following virtues in relation to their work.
  • Creative Wisdom
  • Positive Thinking
  • Unwavering Drive

Our Mission

“Innovation for Sustainable Growth”

  • Technology/ Quality Innovation
  • Sales Competency Enhancement
  • Risk Management
  • Compliance Management

Our Infrastructure

Our Infrastructure
Our Infrastructure

Our Vision

Hyundai Construction Equipment India Pvt. Ltd. with its creative wisdom, positive thinking and unwavering drive aims to be the market leader in Construction Equipment in India in terms of Customer Delight and Market Share.

Infrastructure & Manufacturing Facilities

Infrastructure & Manufacturing Facilities
Infrastructure & Manufacturing Facility

Infrastructure & Team

Infrastructure & Team
Infrastructure & Team

Get in touch with us

Reach Us

HD Hyundai Construction Equipment IndiaPhoenix Fountain Head, 15th Floor 207, Nagar Road, Clover Park, Near Marriot Hotel, Viman Nagar, Pune-411014, Maharashtra, India

Rakshita Soni (Hyundai Sales Executive)

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