The company sells India-made cars in 60 countries.
Hyundai India expects to export 82,700 units this year and 91,000 units in 2006. The company believes its exports will reach about 160,000 units by 2010.
The most popular export is the Atos Prime, which is called the Santro Xing in India.
The company expects to sell 40,000 units of the Atos in Europe this year. Through October, 31,069 Atoses were sold there.
Hyundai expects to sell 12,825 Atos in Mexico this year, where the car wears a Dodge badge.
Hyundai Motor India also exports the Accent sedan, which is most successful in Algeria.
It makes sense for Hyundai to build small cars in India, Subbu says.
"The Indian market is predominantly a small-car market," he says.
Building cars for both that market and the export market combined provides enough volume to make the cars competitive overseas, he says.
Also, labor is a bigger part of the manufacturing cost for small cars than big ones, so it's advantageous to build small cars in a country such as India, where labor is inexpensive, Subbu says.
By small cars, Subbu says he means those with a length of 134 to 158 inches.
For comparison, the Ford Focus sedan in the United States is 175.2 inches long.
From January through October, Hyundai sold 133,479 cars in India, up 20 percent from the year-ago period. The automaker says it ranked second among automakers in India, selling 18.5 percent of the 718,571 cars sold.
The leader was Suzuki Motor Corp.'s Indian subsidiary, Maruti Udyog, with 369,517 cars sold and a market share of 51.4 percent, according to Hyundai's figures.