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Seong Woo Shim - Managing Director of HD CE India Pvt. Ltd.

Seong Woo Shim

Managing Director
HD Construction Equipment India Pvt. Ltd.

Dear HD Hyundai Family,

Warmest New Year greetings for 2026 to our valued customers, trusted dealers, reliable vendors and outstanding employees —you form the backbone of our success.

As we charge into 2026 with promise and momentum. Let's celebrate 2025's remarkable highlights, fuelled by our collective spirit and relentless effort.

We delivered extraordinary growth in sales, service, and parts, with a strong year-on-year market share gain over 2024 in machine sales and industry leading 96% fill rates in Parts. This triumph reflects our customers' trust, dealers' and financiers' steadfast support, and our team's unyielding drive. We cemented our status as India's top excavator exporter, expanding dominantly into the Middle East, Africa, and Asia with innovative, high-quality machines. We hit epic milestones: the 50,000th machine rollout from our plant, the 200th Rebuilt machine and recognized as 3star Export house from Govt. of India. Even amid fierce competition pressure, our focus on world-class quality, customer-led innovation, and digital after-service kept us ahead—boosting our competitiveness and profits.

Our Smart Factory moved ahead, unlocking cutting-edge efficiency and sustainability. Bold marketing, plus launches like Smart X Plus Excavators, BS-V Wheel Loaders, and the triumphant R210E Excavator debut at EXCON.

While our "Smart Factory" and our products dominated the market in 2025, our most significant progress happened inside our own walls. We shifted toward a deeply people-centric philosophy, rooted in the belief that world-class technology is only as effective as the people who build and manage it.

In 2025, we moved beyond traditional management to prioritize the growth and well-being of our team. By investing in advanced training programs, comprehensive wellness schemes, and open-dialogue platforms, we’ve moved past treating "workforce" as a metric. Instead, we are treating our people as our most vital asset. Looking ahead to 2026, we are committed to expanding these initiatives, ensuring HD Hyundai remains a benchmark for professional and personal growth in the industry.

India gleams on the global stage, propelled by bold policies toward a $5 trillion economy. The construction equipment sector is primed for explosive growth in 2026 and beyond—HD Hyundai India leads the charge, fortified by strong fundamentals, fresh products, and a robust digital ecosystem.

Our success pulses through the passionate employees, reliable dealers, supportive partners, and loyal customers. I'm honoured to guide this powerhouse and eager for 2026's bolder pursuits—elevating products, accelerating our growth, and building a thriving legacy.

As Ralph Waldo Emerson said, “Write it on your heart that every day is the best day in the year'—let's make every day of 2026 count.”

To you, your families, and our shared future: abundant health, prosperity, joy, and success in 2026.

Stay safe and keep shining!

Warm Regards
Seong Woo Shim
Managing Director

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