Honda_Siel_Cars_India

Honda Cars India

Honda Cars India

Indian subsidiary of Honda Cars


Honda Cars India Ltd., abbreviated as HCIL, is an automobile manufacturer in India owned by Honda Motor Co. Ltd. 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.[3][4]

Quick Facts Formerly, Company type ...

Facilities

HCIL's first manufacturing plant was built in Greater Noida and began production in 1997.[5] The initial investment into the production plant was estimated to be 4.5 billion, the plant is spread over 150 acres (0.61 km2). The plants original production capacity was estimated to be able to produce 30,000 cars per year, this amount was later updated to 100,000 cars per year when with the addition of a second shift of workers, an expansion to the plant, and improvements in automation.[6][7] 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).[8]

Honda set up its second plant in India at Tapukara in Alwar District of Rajasthan,[9] spread over 450 acres (1.8 km2).[10]

Due to the COVID-19 pandemic and a shrinking demand for automobiles Honda has cut back production and may close one of its plants.[11]

Models

Current models

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Discontinued models

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Awards

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See also


References

  1. Company Profile, Honda Cars India, 2015
  2. "Honda Siel buys out Usha International Ltd from India JV". The Economic Times. Retrieved 4 September 2022.
  3. "HSCI changes name to Honda Cars India Ltd". The Hindu. PTI. 10 September 2012. ISSN 0971-751X. Retrieved 4 September 2022.
  4. Nayak, Manmath (18 December 2020). "Honda Cars India Plans to Shift Production Unit From Greater Noida to Alwar: Report". www.india.com. Retrieved 4 September 2022.
  5. Hanada, Ryosuke (21 December 2020). "Honda to close India plant, denting country's manufacturing push". Nikkei Asia. Retrieved 4 September 2022.
  6. Srinivasan, Sriram; Vijayakumar, Sanjay; Phlip, Li Jee (26 January 2012). "Carmakers Hyundai, Maruti Suzuki, Honda and others deploy more robots as job loss fears gain ground". The Economic Times. Retrieved 4 September 2022.
  7. "Honda Car India-Company Profile". Honda Car India. Retrieved 30 October 2015.
  8. "Honda may close an Indian plant - report". Just Auto. 25 October 2019. Retrieved 4 September 2022.
  9. "Award Achievements by Honda India | Honda Cars India". Honda Car India. Retrieved 4 September 2022.

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