Honda Cars India Ltd. (HCIL) is an automobile manufacturer in India owned by Honda Motor Co. Ltd.[1] 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.[2]
Facilities
HCIL's first manufacturing plant at Greater Noida began operations in 1997. Set up at an initial investment of over Template:INR4.5 billion, the plant is spread over Template:Convert. 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 Template:Convert to over Template:Convert.
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,[3] spread over Template:Convert with an investment of ₹3526 crores.[4] It operates under the ISO 9001 standard for quality management and ISO 14001 for environment management.[5]
Models
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Current
- Honda City (1998–present)
- Honda Jazz (2009–2013, 2015–present)
- Honda Amaze (2013–present)
- Honda WR-V (2017–present)
Discontinued
- Honda Accord (2000–2014, 2016–2020)
- Honda CR-V (imported from 2003–2013, CKD from 2013–2020)
- Honda Civic (2006–2013, 2019–2020)
- Honda Brio (2011–2019)
- Honda Mobilio (2014–2018)
- Honda BR-V (2016–2020)
Sales
HCIL has 371 dealership outlets across 121 cities in 20 states and 3 Union Territories of India.[6]
It sold 189,062 units during the period between April 2014 and March 2015[7] as against 134,399 units during the same period a year ago, recording an increase of over 44%.Template:Cn
Honda, the Japanese carmaker, launched a new compact SUV on the Jazz platform called WRV in March 2017.
Awards
2014
- corporate – Engine of the year – honda eco technology(HET) 1000cc 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
- 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
- ↑ India(2020-04-28).
- ↑ Honda(2020-04-23).
- ↑ Honda Car India-Company Profile. Honda Car India. Retrieved 30 October 2015.
- ↑ Honda India rolls out its first car from Tapukara Plant in Rajasthan completed in 2014 South of Delhi. news.biharprabha.com. Retrieved 25 February 2014.
- ↑ HSCI Commences Construction at its Second Plant in Rajasthan. Honda Car India press releases. Retrieved 30 October 2015.
- ↑ Archived copy. Retrieved 2012-07-22.
- ↑ Raises hopes of turnaround. The Hindu(2015-04-01). Retrieved 2021-09-08.
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