Consultancy Infrastructure and construction

Revamp Manufacturing Plant Tender

๐Ÿ›๏ธ HYUNDAI MOTOR INDIA LIMITED
๐Ÿ“„ Tender ID: 509548884 ๐Ÿ“… Published: 18 Oct 2024

๐Ÿ“‹ Tender Overview

Scope of Work:
To Revamp Manufacturing plant at Irungattukottai, near Chennai.

Description:
Hyundai Motor India is planning a ?1,500 crore modernisation of its manufacturing plant at Irungattukottai, near Chennai. This project is part of Hyundaiโ€™s broader strategy to enhance production efficiency and integrate advanced technologies into its manufacturing processes. The plant produces 8.5 lakh cars annually, and the expansion will increase the factoryโ€™s footprint from 5.40 lakh sq. mtrs to 7.21 lakh sq. mtrs. Hyundai aims to acquire an additional 1.81 lakh sq. mtrs of land to accommodate the increased production capacity. The modernisation will also create 155 new employment opportunities, further contributing to local job growth.

The Irungattukottai factory already employs over 19,700 people, including regular staff, trainees, and contract workers. This revamp will allow Hyundai to maintain its competitive edge in Indiaโ€™s growing automotive market, while also enhancing the operational efficiency of the plant. The companyโ€™s investment is aligned with its long-term goal of sustaining its leadership in the Indian automotive sector, where demand for vehicles is on the rise. Hyundaiโ€™s plans also reflect its commitment to future-proofing its manufacturing capabilities by adopting advanced, technology-driven production methods.

๐Ÿ” Key Information

๐Ÿ“„
Tender Reference No.
509548884
๐Ÿ“…
Publication Date
18 Oct 2024
๐Ÿ’ฐ
Estimated Value
USD 178449501
๐ŸŒ
Sector
Consultancy
๐Ÿ“…
Deadline
31 Dec 2026
๐Ÿ“
Notice Type
Projects
๐Ÿ“
Location
India
๐Ÿ“‘
Contract Duration
2 Years 2 Months 13 Days

๐Ÿ“ Documents & Downloads

No documents found

๐Ÿท๏ธ CPV

No CPV found

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๐Ÿ•’ Submission deadline
59
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๐Ÿงญ Quick Facts

Authority HYUNDAI MOTOR INDIA LIMITED
Country India
State / UT N/A
Tender Type Project Information
Currency USD
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