Hyundai Motor India has been adjudged as the winner of most coveted 'CIO 100' Award for the third consecutive year in a row. CIO 100 is the most acclaimed recognition in the enterprise IT space at USA, constituted by M/s. IDG Media Pvt. Ltd, Bangalore. In a formal letter to Hyundai Motor India, Mr. Vijay Rama Chandran, Editor-in-Chief, CIO, IDG Media has communicated about this achievement. The Award will be presented at a ceremony to be held on 5th and 6th September 2008, at Jaipur.

CIO 100 Awards, a twenty-year-old tradition of honoring exceptional work that began in the US, has now become the most prestigious recognition among CIOs Worldwide. Theme of this year's award was 'Bold 100'. Hyundai has been adgudged as winner of this award for the innovative ways and new ideas practiced by it at its Business and Industry, setting the bar higher for the competitors. Despite the swarm of entries and some very competitive projects, the works of HMI stood out as worthy winner of CIO 100 Awards for the past three years.

While thanking for the honor, Mr. H.W. Park, Executive Director, HMI said that the achievement speaks of the Culture that Hyundai has developed in continual pursuit to innovate ways with Championing ideas to meet challenges.

About CIO 100 Awards

CIO Magazine has a tradition of recognising leading companies for business and technology leadership through its premiere award program - CIO 100. Now in its 21st year in the USA, it is an acknowledged mark of enterprise IT excellence. It's a celebration of 100 organisations (and the people within them) that are using information technology in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth or improving relationships with customers. Hosted in countries such as Canada, Sweden, Australia, Singapore, Vietnam, Hungary and India, the CIO 100 Awards is a truly global recognition. It is an acknowledged mark of excellence in enterprise IT. According to a survey by PR Week Magazine, CEOs named CIO 100 among the top 10 most influential Corporate Scorecards anywhere, compiled by any publication or organisation.

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Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest and the fastest growing car manufacturer in India. HMIL presently markets 30 variants of passenger cars across segments. The Santro in the B segment, the Getz Prime and the i10 in the B+ segment, the Accent and the Verna in the C segment, the Sonata Embera in the E segment and the Tucson in the SUV segment.

Hyundai Motor India, continuing its tradition of being the fastest growing passenger car manufacturer, registering total sales of 327,160 vehicles in the calendar year (CY) 2007, an increase of 9.2 percent over CY 2006. In the domestic market it clocked a growth of 7.6 percent as compared to 2006 with 200,412 units, while overseas sales grew by 11.8 percent, with exports of 126,748 units.

HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts of the most advanced production, quality and testing capabilities in the country. In continuation of its commitment to provide the Indian customer with global technology, HMIL has set up its second plant, which produces an additional 300,000 units per annum, raising HMIL’s total production capacity to 600,000 units per annum.