Why open Hyundai dealership showroom or service station in India?
Since the inception of Hyundai Motors in India, the company has been one of the leading car manufacturers in India. It has a brand name you can rely upon. If you open a Hyundai Motors dealership showroom, people know what your business is all about and you do not need to spend heavily on advertising. Coming to statistics, Hyundai Motor India Limited (HMIL) is the largest passenger car exporter of India as well as the second largest car manufacturer. HMIL has also remained the country's top exporter for 7 consecutive years. At present there are around 346 Hyundai Dealers in India along with 800 service points, to cater the rising growth and provide a smooth and sophisticated customer service. Hyundai cars and motorbikes are also state of the art vehicles; several prizes and awards every year confirm their superior qualities. In 2013, Hyundai Elantra Won the 'Best Design and Styling' Award at 'Bloomberg UTV Auto Car India 2013', 'Saloon Car of the Year' Award at 'Bloomberg UTV Auto Car India 2013', 'Car of the Year' Award at 'Car India & Bike India Awards 2013', 'CNB Viewers' Choice Car of the Year' award at 'NDTV Car & Bike Awards 2013' and many more. While only prizes and awards do not tell the whole story, they certainly advocate for the premium quality and popularity of Hyundai Motor products. What else do you require to open a Hyundai dealership showroom and run a booming business?
Hyundai Dealership Start-up Investments: Estimated costs, ROI, payback period of capital
Hyundai Motor India Limited does not provide any official information about Hyundai dealership start up costs, investment requirements, estimated ROI, pay back period and similar details. Nevertheless, looking at various public forums where people have stated their experiences and analyzing the start-up costs of top automobile franchises in India, we can chalk out some rough estimates. However, please note that all these figures are our estimates only and are in now way verified or confirmed by HMIL. If you are looking for the exact start up cost of Hyundai franchise in India, investment returns and other information, you need to contact HMIL officials for a quotation.
For any good car showroom or service center you would need a land of roughly 4000 square meters in general. In fact, this is the exact area requirements for Maruti Suzuki dealership in India. Roughly, that is going to cost you not less than 12 to 15 crores in Indian metro cities. You should put aside another 5 crores for indoor decorations, gadgets and buildings. Until the capital is investment returning significant profit, you will also need to put up a fund for recurring expenses like salaries of your staff, maintenance costs and so on; which is going to cost you another 5 crores. Thus, as per our estimation, the net cost of Hyundai Motor dealership is going to burn a hole of around Rs. 25 crores in your pocket.
That's definitely a huge amount, but we think it is very much worth it. Indeed the automobile industry in India is under-performing at present (first half of FY 2013-2014), it is expected to be only a soft downtrend and the markets will be soon revised. Looking at peer companies, we can say that the return on investments for Hyundai dealership will start to pay off within 3 to 5 years. However, the actual Hyundai dealership ROI or profit statistics will vary from person to person depending on your sales strategies, location, promotions and several other factors.
How to apply for Hyundai Dealership in India?
Hyundai dealership application process in India is quite simple. You just need to visit the official website of Hyundai Motor India Limited, download Hyundai dealership application form, print it and duly fill in, attach the relevant documents and sent it to any of the Hyundai Motor regional offices in India. Hyundai regional office addresses of different cities of India are given below.
Hyundai India Franchise / Dealership Contacts: Phone number, contact person, email address
Hyundai India dealership contact person: Mr. Manjeet Singh
Hyundai dealership contact phone number: +91 - 11 6602 2160 (D) and +91 - 11 6602 2000 (Board)
Email Id: email@example.com
Hyundai Motor India Regional Office addresses
- Hyundai Motor India Limited Central Regional Office 1 (New Delhi)
A-30, Mohan co-operative, Industrial Estate, Mathura Road, New Delhi- 110044
Tel: 011 - 66379503 Fax: 011 - 66379939
- Hyundai Motor India Limited Central Regional Office 2 (Lucknow)
605, 20-A, Rattan Square Complex, Vidhan Sabha Marg, Lucknow- 226001
Tel: 0522 - 6714600 Fax: 0522 - 6714611
- Hyundai Motor India Limited North Regional Office 1 (Chandigarh)
DLF Tower - B, 3RD Floor, Rajeev Gandhi, Chandigarh IT Park, Chandigarh-160101
Tele: 0172 - 6605000 Fax: 0172 - 6605020
- Hyundai Motor India Limited North Regional Office 2 (Jaipur)
G Business Park, D- 34, 7th Floor, Subhash Marg, C-scheme, Jaipur- 302001
Tel: 0141 - 6635555 Fax: 0141 - 6535544
- Hyundai Motor India Limited East Regional Office 1 (Kolkata)
Benchmark Tower, 8th Floor, Plot No. G1, Block-EP & GP, Sec – V, Salt Lake City, Kolkata – 700091
Tel: 033-40060045-51 Fax: 033-40060050
- Hyundai Motor India Limited East Regional Office 2 (Guwahati)
4th Floor, Monal Tower, Opposite Assam Secretariat, G.S.Road, Dispur, Guwahati- 781006
Tel: 0361 - 2237891- 94 Fax: 0361 - 2237890
- Hyundai Motor India Limited South Regional Office 1 (Chennai)
NP- 54, Developed Plot, Thiru Vika Industrial Estate, Ekkaduthangal, Guindy, Chennai- 600032
Tel: 044 - 42204600 Fax: 044 - 42119530
- Hyundai Motor India Limited South Regional Office 2 (Hyderabad)
Gayathri 6-3-1239/2/B/1, Renuka Wnclave, Somajiguda, Rajbhavan Road, Hyderabad- 500082
Tel: 040 - 64631130-32 and 43 Fax: 040 - 23303566
- Hyundai Motor India Limited West Regional Office 1 (Mumbai)
Business Square, A/102, First Floor, Chakala, Andheri-Kurla Road, Andheri –East, Mumbai- 400093
Tel: 022 - 40969000 Fax: 022 - 40969030
- Hyundai Motor India Limited West Regional Office 2 (Ahmedabadi)
1st Floor, City Mall, Unit NO. 11 – Shop 1 and 2, Mouje Bodakdev, Near Rajpath Club, S.G.Road, Bodakdev, Gandhi Nagar Road, Ahemdabad- 380054
Tel: 079 - 66133000 Fax: 079 - 66133017
- Hyundai Motor India Limited West Regional Office 3 (Bhopal)
Sewani Plaza, 15/ 9B 1st & 2nd floor, Malviya Nagar, Opp.- Raj Bhawan, Bhopal– 462003
Tel: 0755 - 6733800 Fax: 0755 - 6733888
You might also want to read: