We will keep nurturing India as the global export hub as we expand our business to Asia, the Middle East, and Africa," said Chung.
Hyundai has triumphed over challenges and rivals in India, eventually even pushing competition like General Motors, Ford, and Fiat out of the country.
Hyundai sources 90% of its parts and materials from Tamil Nadu, partnering with 194 direct suppliers in India.
Hyundai's IPO in India is expected to be the largest ever in the country, raising up to $3 billion and giving the company a market value of over $17 billion.
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