Japanese car makes Honda is planning to nearly double its parts sourcing including engine parts, from India to over Rs. 800 crore during the 2014-15. The company’s wholly owned subsidiary Honda Cars India Ltd is also planning to double export of vehicles from the country.
The company is looking forward to make India as a manufacturing destination and will export its car to countries like Nepal, Bhutan and South Africa. HCIL exports different components which include Crank shaft, cylinder head and transmission. Its Tapukara plant in Rajastan is destination which provide components to subsidiaries of Honda in markets such as South East Asia, Latin America, and the UK.
Mr. JnaneswarSen, said PTI that “We are targeting to increase our component exports and it will be nearly doubled. It will cross Rs 800 crore during the current fiscal.”
Mr. Shigeru Yamazaki, HCIL Senior Vice President and Director - Sales and Marketing said: "We are looking to double car exports from India during this financial year. It should cross 10,000 units in 2014-15.
So far the company was exporting only Brio and Amaze Sedan, but now it looking forward to start selling Honda City, and upcoming Mobilio also joint the list in the future. But Mobilio will first focused on Indian market only, later it will be exported depending upon domestic demand.
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