CE Info Systems Drives Rs. 400 Crore Deal with Hyundai

CE Info Systems, widely recognized as MapmyIndia, has secured a substantial automotive Original Equipment Manufacturer (OEM) contract valued at ₹400 crore from Hyundai AutoEver Corp in Seoul. According to the official regulatory filing, the agreement spans a five-year period, aligning with vehicle production and set to commence in 2024.

This noteworthy contract solidifies the strategic collaboration between CE Info Systems and Hyundai AutoEver Corp, establishing the technology and mapping solutions provider as a pivotal player in the automotive sector. By successfully securing and executing this substantial contract, MapmyIndia is poised to make significant contributions to the automotive industry, particularly in the domain of vehicle production over the next five years.

News by Rahul Yelligetti