Hyundai Motor India invests additional Rs 150 crore in Tamil Nadu
Korean carmaker buys land near existing facility to set up Hyundai Academy of Technical Skills.
Hyundai Motor India, the wholly owned subsidiary of Hyundai Motor Company (HMC), which has a strong manufacturing base in Tamil Nadu is investing an additional Rs 150 crore in the state.
Most of the investment will go in setting up the company's new Hyundai Academy of Technical Skills (HATS) where it will train youngsters in a number of automotive skills. HATS plans to train around 5,000 people each year.
The Korean carmaker, which has two integrated manufacturing plants at Irungattukottai, in Sriperumbudur, has bought land near the existing Hyundai Motor India manufacturing facility. Construction work on the new facility is yet to begin.
The upcoming training centre will serve as an incubation centre for upskilling people and will focus on human-centric innovations and mobility solutions. The new infrastructure will take the training programs to a next dimension while making Hyundai Motor India as a global hub for think-tanks and skilling manpower.
Hyundai Motor India Foundation is investing Rs.150 cr in the project - ‘Hyundai Academy for Technical Skill’ to build a state-of-the-art infrastructure spread across on 6.45 acres of land to develop talent and make them ready for global opportunities in world class companies who are setting up base in the country.
Chief Minister of Tamil Nadu, Edappadi K Palanisami, inaugurated the proposed centre in an online ceremony held at the Tamil Nadu Secretariat, in the presence of Minister of Industries, MC Sampath, Chief Secretary of Tamil Nadu, K Shanmugam IAS, Principal Secretary of Industries, N Muruganandam IAS, MD & CEO of Guidance Tamil Nadu Neeraj Mittal IAS, and SS Kim, Managing Director & CEO of Hyundai Motor India Ltd along-side other high ranking officials of the Tamil Nadu government and Hyundai Motor India.
SS Kim, MD and CEO, Hyundai Motor India said, “Guided by our global vision ‘Progress for Humanity’, our efforts are aimed at creating an ideal world for the communities around us. Hyundai has undertaken many initiatives to help enhance the key skill sets of youth to ensure that they stay contemporary and industry ready. The state of Tamil Nadu has been leading industrial growth in the country and hence has always encouraged such initiatives.”
“With the new training centre, we are confident of creating a rich talent pool of trained personnel across industries. Hyundai Academy for Technical Skill marks a new chapter in employment generation and will pave the way for sustained professional growth sparking an all-round personal and economic development for beneficiaries. We have also envisioned an innovation centre which will provide facilities to budding innovators to translate their projects to reality.”
It is to be noted that Hyundai Motor India already operates eight state-of-the-art regional training centres to develop and enhance overall technical and soft skills of the manpower at its dealerships across the country.
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