Honda Cars India
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| Subsidiary | |
| Industry | Automotive |
| Founded | 1995[1] |
| Headquarters | Greater Noida, Uttar Pradesh |
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Number of locations
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2 |
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Key people
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Yoichiro Ueno (President and CEO) - |
| Products | Automobiles |
| Parent | Honda |
| Website | hondacarindia |
Honda Cars India Ltd (HCIL) is a subsidiary of the Honda of Japan for the production, marketing and export of passenger cars in India. Formerly known as Honda Siel Cars India Ltd, it began operations in 1995[1] as a joint venture between Honda Motor Company and Usha International of Siddharth Shriram Group.[citation needed] In August, 2012, Honda bought out Usha International's entire 3.16 percent stake for ₹1.8 billion in the joint venture. The company officially changed its name to Honda Cars India Ltd (HCIL) and became a 100% subsidiary of Honda.
It operates production facilities at Greater Noida in Uttar Pradesh and at Bhiwadi in Rajasthan. The company's total investment in its production facilities in India as of 2010 was over ₹16.2 billion.[3]
Facilities
HCIL's first manufacturing unit at Greater Noida commenced operations in 1997. Setup at an initial investment of over ₹4.5 billion, the plant is spread over 150 acres (0.61 km2). The initial capacity of the plant was 30,000 cars per annum, which was thereafter increased to 50,000 cars on a two-shift basis. The capacity has further been enhanced to 100,000 units annually as of 2008. This expansion led to an increase in the covered area in the plant from 107,000 m² to over 130,000 m².
Honda setup its second plant in India at Tapukara in Alwar District of Rajasthan,[4] spread over 450 acres with an investment of ₹3526 crores.[5] It operates under the ISO 9001 standard for quality management and ISO 14001 for environment management.[6]
Models
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- Honda City (Ballade) — Launched 1998
- Honda Accord — Launched 2001, production temporarily discontinued in early 2014 in anticipation of all-new model)
- Honda Civic — Launched 2006, production discontinued in 2012
- Honda Jazz (Fit) — Launched in 2009
- Honda Brio — Launched 2011
- Honda CR-V — Imported since 2003; 2013 model locally assembled
- Honda Amaze — Launched April 2013
- Honda Mobilio — Launched July 2014
- Honda BR-V - Launched May 2016
Sales
HCIL has 248 dealership outlets across 121 cities in 20 states and 3 Union Territories of India.[7]
It sold 189,062 units during the period between April 2014 and March 2015 as against 1,34,399 units during the same period a year ago, recording an increase of over 44%.[citation needed]
Honda, the Japanese carmaker, is also planning to launch a compact SUV for the Indian market. It was speculated that the company will launch the Jazz-based crossover- the Vezel; however, the company is aiming to bring in an all-new compact SUV for the Indian market.[8]
Awards
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2014
- corporate - Engine of the year - honda eco technology(HET) 100cc engine
Sedan Of The Year - Honda City
2006
- Best Indian Company (unlisted) by Business Standard Group
- Manufacturer of the Year by NDTV Profit-Car India
- Manufacturer of the Year by CNBC-TV 18 Autocar India
- No 1 Mid Size Car (Honda City); No 1 Entry Luxury Car (Honda Accord) and No 1 Premium SUV (Honda CR-V) by TNS
- Best Mid-size Car in Initial Quality (Honda City) and Most Appealing Mid-size car (Honda City) by JD Power
2005
- CNBC Autocar CAR of the year 2004 - Honda City
- ICICI Overdrive SUV of the Year 2004 - Honda CR-V
- ICICI Overdrive Car of the Year 2004 - Honda City
- Business Standard Motoring Car of the Year 2004 - Honda City
See also
References
- ↑ 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ HCIL Website - Honda Executives
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://www.hondacarindia.com/about/hondaInIndia.aspx
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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| Related topics | |||||||||||||||||
 Cars in India |
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| Joint Ventures | |
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