Honda Cars India – Gaku Nakanishi, president & CEO
Honda Cars India realigned its manufacturing operations with the goal of improving business efficiency. To maintain sustainability of operations by leveraging production & supply chain efficiencies, HCIL decided to consolidate the manufacturing operations for vehicles and components at its Tapukara plant in Rajasthan with immediate effect for all domestic sales and exports.
The company has stopped production at its Greater Noida plant. However, all head office functions, India R&D Centre and spare parts operations will continue to operate from Greater Noida.
Despite an uptick in sales in the last three months, the current market conditions remain unpredictable for the industry at large. HCIL continues to believe in the resilience of the Indian economy and hope for a quicker recovery. India is an important market in Honda’s global strategy and HCIL is committed to bring its latest and advanced technology models including electrified vehicles in future.
With resumption of operations after the covid-19 led lockdown, HCIL successfully ramped-up its daily production volume to pre-covid level from September 2020 and has been consistently witnessing monthly sales growth for the last three months. HCIL sales showed good recovery in the festive period and the company expects to sustain this sales momentum during the coming months.