M/s. Hyundai Heavy Industries, South Korea, is a US$ 100 billion Company in the world and is one of the leaders in manufacturing a comprehensive range of Heavy Construction Equipment apart from Ship Building, Offshore Construction, and Power System Equipment etc. Hyundai Construction equipments are world-renowned for their outstanding quality, which are manufactured under the most modern manufacturing facilities established in Korea.
Hyundai Construction Equipments commands a premium all over the world as compared to other similar equipment because of its unmatched quality and productivity. They manufacture over 15,000 Excavators and 5,000 Wheel Loaders per year and export all around the world including Europe, America, Asia Pacific, Middle East and Africa. The comprehensive range of Hyundai Crawler Excavator covers 11 ton (0.40 cum bucket) to 500 ton (3.60 cum bucket).
Founded in 1985, the Construction Equipment Division has grown into a world class total construction equipment producer. The division has developed 54 independent models of three types of construction equipment and three types of industrial vehicles, including excavators, wheel loaders, forklifts, and skid steer loaders. The division has a manufacturing capacity of 19,000 units a year at its Ulsan factory in Korea and has three manufacturing plants in China with overseas subsidiaries in the U.S.A, Belgium, and Jiangsu and Beijing in China, along with offices in the U.A.E and Chile.
Hyundai construction equipment models are marketed through 436 authorized distributors in 92 countries. Hyundai’s goal is to become one of the world's top five suppliers by 2010.
Since entering the Chinese market in 1995, the division's excavator sales have risen to become a top seller with a 17.5% share of the excavator market in China in 2006.
In order to develop its leading position in China, the division set up its third joint venture company in Jiangsu, China, in 2004. In addition, the division will develop Chinese subsidiaries into comprehensive construction equipment companies by expanding its business to include forklift trucks as well as excavators. It will also invest in R&D for specialized vehicles.
More aggressive marketing strategies will continue to boost sales, based on new sales channels in Central America, South Africa, and the Middle East. The division will nurture key dealers, provide financial support and incentives in accordance with local market needs, and attend international exhibitions in a bid to generate greater brand awareness and strengthen its forklift business line.
Hyundai Excavators are powered with fuel-efficient CUMMINS engines supported with extensive service network all over India through CDSS and their dealers. Advanced CAPO (Computer Aided Power Optimization) system also provides fuel economy reducing fuel consumption. Hyundai Excavators are featured with higher operative weight, wider and more no. Of Track Shoes, which provides maximum operating stability, and Higher Digging force with longer Arm Reach enables faster cycle time and more production per hour as compared to other Excavators available in the Indian market.
It would not be out of place to mention that around 200 Hyundai Hydraulic Excavators are already working satisfactorily in India at various mining and construction sites. Hyundai can offer the most advanced equipment at economical prices which runs on comparatively lower operational and maintenance cost. Hyundai is one of the few companies, which offer the online, spares order booking and warranty support to its distributors thereby keeping the high uptime of equipments of end users. |