Honda Cars India

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Honda Cars India Ltd
Formerly
Honda Siel Cars India Ltd
IndustryAutomotive
Founded1995; 29 years ago (1995)[1]
HeadquartersGreater Noida, Uttar Pradesh
Key people
Gaku Nakanishi (president and CEO)[2]
ProductsAutomobiles
ParentHonda
Websitehondacarindia.com

Honda Cars India Ltd. (HCIL) is an automobile manufacturer in India owned by Honda Motor Co. Ltd.[3] The company was established in 1995 as a joint venture called Honda Siel Cars India (HSCI). The company was renamed to HCIL in September 2012 following the sale of 3.16 percent stake owned by Usha International, making it a 100 percent subsidiary of Honda Motor Co. Ltd.[4]

Facilities[edit]

HCIL's first manufacturing plant at Greater Noida began operations in 1997. Set up 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 year, which was later increased to 50,000 cars on a two-shift basis. The capacity was further enhanced to 100,000 units annually in 2008. This expansion led to an increase in the covered area in the plant from 107,000 square metres (1,150,000 sq ft) to over 130,000 m2 (1,400,000 sq ft).

In 2015–2016 revenue of 16,870 crore, 360 crore net profit after 6 years losses in Indian operations. In July 2017, monthly sales touched over 17,000 cars thanks to the launch of WR-V. The City and WR-V sales figures were over 4,500 units a month.

Honda set up its second plant in India at Tapukara in Alwar District of Rajasthan,[5] spread over 450 acres (1.8 km2) with an investment of ₹3526 crores.[6] It operates under the ISO 9001 standard for quality management and ISO 14001 for environment management.[7]

Models[edit]

Honda Amaze
Honda City ZX

Current[edit]

Discontinued[edit]

Sales[edit]

HCIL has 371 dealership outlets across 121 cities in 20 states and 3 Union Territories of India.[8]

It sold 189,062 units during the period between April 2014 and March 2015[9] as against 134,399 units during the same period a year ago, recording an increase of over 44%.[citation needed]

Honda, the Japanese carmaker, launched a new compact SUV on the Jazz platform called WRV in March 2017.

Awards[edit]

2014[edit]

  • corporate – Engine of the year – honda eco technology(HET) 1000cc engine

Sedan Of The Year – Honda City

2006[edit]

  • 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[edit]

  • CNBC Autocar CAR of the year 2004
  • 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[edit]

References[edit]

  1. Company Profile, Honda Cars India, 2015
  2. HCIL Website – Honda Executives Archived 2007-09-28 at the Wayback Machine
  3. "India", Wikipedia, 28 April 2020, retrieved 30 April 2020
  4. "Honda", Wikipedia, 23 April 2020, retrieved 30 April 2020
  5. "Honda Car India-Company Profile". Honda Car India. Retrieved 30 October 2015.
  6. "Honda India rolls out its first car from Tapukara Plant in Rajasthan completed in 2014 South of Delhi". IANS. news.biharprabha.com. Retrieved 25 February 2014.
  7. "HSCI Commences Construction at its Second Plant in Rajasthan". Honda Car India press releases. Archived from the original on 20 December 2016. Retrieved 30 October 2015.
  8. "Archived copy". Archived from the original on 12 July 2011. Retrieved 22 July 2012.{{cite web}}: CS1 maint: archived copy as title (link)
  9. Bhargava, Yuthika (1 April 2015). "Raises hopes of turnaround". The Hindu. ISSN 0971-751X. Retrieved 8 September 2021.

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