Construction Solutions Nepal, an authorized distributor of Hyundai Heavy equipment in Nepal has been presented with a "Certificate of Appreciation" along with a Star Award from Hyundai Construction Equipment India.

The certificate was awarded in the presence of JIN SEOG PARK, Managing Director of Hyundai Construction Equipment India Pvt. Ltd.

This certificate was awarded to Construction Solutions Nepal, for maintaining the no. 1 position in the Nepal Excavator Market for the year 2020. It has been the market leader in the excavator segment for the past 3-4 years in Nepal.

“We would like to thank Hyundai Construction Equipment India for this recognition and their tremendous support throughout. We would thrive to be no 1 in the upcoming years and continuing our hard work and effort in the industry.  We are immensely grateful to our valuable customers & our dealer partners for their hard work and consistent efforts. Without their continuous support this achievement would not be possible.” said Sandeep Sharda, Managing director of Construction Solutions Pvt. Ltd.

Even in the harsh time of pandemic Hyundai excavator stood as the number one product. This has shown its ever-growing impact on the Excavator segment in Nepal.

Hyundai Excavator has 27% market share in the Excavator segment in Nepal.

Hyundai machinery has long served as a solution to the construction, utilities, batching, quarrying, and mining industries and has helped many operators achieve real success through efficiencies.

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Since Coronavirus outbreak caused the lockdown of three Chinese factories of Hyundai. Hyundai Motor India Ltd. has alerted its dealer of the possible impact on vehicle deliveries.

The parent company, Hyundai Motor Corporation, Korea announced that it kept all the operations on hold at the three plants in China late on Tuesday.

The holding of the production is estimated to last for about a week, as reported by the international news wires. The Korean chaebol’s Indian arm Hyundai Motors India sources a very small portion of parts for its production facilities in Sriperumbudur near Chennai from Korea, which in turn is sourced from China.

The Sales team has already notified the dealers to place orders for vehicles as early as possible so that they do not suffer from the shortage. “HMI factory is monitoring and checking the possibility of parts suppliers from China. However not sure.” Stated TOI.

However, a Hyundai Spokesperson denied such communications that were sent and stated that there are no issues related to production. “I can assure you that there is no impact on our production schedule as of now.”

Hyundai’s operations in India are localized from the standpoint of components, but, some parts do come from Korea and other global sources.

“Sadly, you cannot roll out the car without that small part which is still imported. We do not have issues for now, but if the lockdown in China continues, not just us, but the entire auto market will feel the heat.” States an official with the citing of anonymity. “Don’t forget, China is the global manufacturing hub for parts and components and the shifting supplier is not an easy task.”