Daewoo Motors India Ltd. (DMIL)

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Daewoo Motors India is known for its good cars like Cielo, Matiz and Nexia. This company was originally incorporated to manufacture light commercial vehicles. It was established on March 22nd, 1967 as Daewoo Industrial Co., Ltds in Korea.

Daewoo Motors India Limited is a part of the Korean multinational Daewoo Group. It has an annual turnover of 65 billion US dollars (as per the latest study). The Daewoo Motors is spread over 123 countries in the world. Daewoo India is known for its range of automotive products including sedans, buses and trucks.

The business partners of Daewoo Motors are GM Daewoo, SAAB, Cadillac, Daewoo Bus and Tata Daewoo. On Jan 01, 1982 Daewoo Motors Company merged with Daewoo Development Co. Ltd; and changed its name to Daewoo Corporation. In 1998, this company ranked first in Korea in exports and trade surplus.

In India, Daewoo Motors India Ltd. or DMIL was incorporated as DCM Toyota Ltd. in the mid-80s. In July 1995, DMIL launched Cielo and later it launched the Matiz in the small car segment and Nexia a mid-sized car segment.

Recently, Daewoo Motors India Limited had an adverse effect on sales. This raised questions regarding quality of the reduced price model.

Daewoo Corporation India Contact details :

Registered Office :
Daewoo Motors India Ltd.
International Trade Tower
F-Block, S-2
Upper Ground Floor
Nehru Place
New Delhi - 110 019

Plant A/1
Surajpur Industrial Area
Noida, Dadree Road
Surajpur - 203 207
Dist. - Gaziabad Uttar Pradesh

Last Updated on 4/15/2015