Jin Seog Park

Managing Director
Hyundai Construction Equipment India Pvt. Ltd.

Dear colleagues,

Welcoming New Year, we wish you to be blessed with happiness, good health & prosperous year ahead!

As the year 2019 makes way for 2020, it gives us an opportunity to reflect on our achievements, challenges and shortcomings.

All of us are aware that 2019 was a challenging year for the industry and like other industry players, Hyundai India too felt the effect. The head-wings of slowing demand also slowed our march to a certain extent. But as the adage goes, when the going gets tough the tough get going. I am sure all of you have done will continue to do your best and contribute to achieving the goal. I would like to extend my thanks for your utmost efforts regarding our organization during 2019.

To successfully move forward in 2020, I believe we need to focus on building blocks for Vision 2023 to become Great Company through the vision pillars named Product/Service, Great Work Place and Admired Company. Vision pillars will guide us to realize our aim of sustainable management. As the New year starts, it gives us an opportunity to recommit ourselves to our goals and renew our zeal. It is a time for new beginnings and promises that these beginnings hold.

It is our Company's avowed mission to be a market leader of Construction Equipment and Material Handling in Indian Market. By considering our mission in 2020, let us push ourselves to do even more and esure Hyundai continues its journey to the top of the Construction Equipment and Material Handling markets. It is with this strength of conviction in Company's Values and Vitality that I once again pledge the fullest support to the new Vision for fulfilling our shared common goal.

Welcoming this year, the first thing that we must do is to challenge the ever-changing market head-on with the aim of overcoming any obstacles that the future presents. We have the experience to overcome any future difficulties with confidence. I am sure that we have the qualifications and capability to make a history of successful and positive decisions.

I wish you and your family a Happy, Peaceful and Prosperous New year 2020.

Thank you

Jin Seog Park,
Managing Director

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