Archive · 18 Sep 2025
Hyundai India and Union Agree on Three-Year Wage Hike
Hyundai Motor India (HMIL) and the United Union of Hyundai Employees (UUHE) have agreed on a new pay deal.
This agreement, effective from April 1, 2024, to March 31, 2027, provides employees with a monthly raise of Rs 31,000.
The raise is split over three years.
HMIL also plans to provide employee welfare including health coverage and wellness programs.
The UUHE represents a large portion of Hyundai's technicians and workmen.
Hyundai Motor India (HMIL) signed a wage agreement with the United Union of Hyundai Employees (UUHE).
The agreement covers the period from April 1, 2024 to March 31, 2027.
The agreement includes a monthly salary increase of Rs 31,000.
The pay hike is structured over three years.
HMIL will provide employee welfare like health coverage and wellness programs.
- Who
- Hyundai Motor India (HMIL) and United Union of Hyundai Employees (UUHE)
- What
- Signed a wage-settlement agreement
- When
- Effective April 1, 2024 to March 31, 2027
- Where
- Not specified.
- Why
- To establish a revised compensation package and improve employee welfare.
- Company
- Hyundai Motor India Limited (HMIL)
- Union
- United Union of Hyundai Employees (UUHE)
- Agreement Period
- April 1, 2024 - March 31, 2027
- Monthly Salary Increase
- Rs 31,000
- Wage Hike Structure
- 55%, 25%, 20% over three years
- Employee Representation
- 90% of technicians and workmen
Sources
Hyundai Motor India signs long term wage settlement; stock hits record high
Hyundai Motor India signs long-term wage settlement with official employees’ union
Hyundai Motor India's Shares Hit 52-Week High - What's The Key Driving Force?
Hyundai increases workers' salaries by Rs 31000 per month | Check full details
Hyundai Motor India, Union Sign 3-Year Wage Pact With Rs 31,000 Salary Hike
Hyundai Motor India shares in focus after 3 year wage pact; MOFSL says Buy stock
Hyundai signs wage pact with employees, announces Rs 31,000 monthly hike
