Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<keyword id="109276" type="COMPANY" weightage="20" keywordseo="Honda-India">Honda India</keyword>’s two wheeler arm, Honda Motorcycle &amp; Scooter India Pvt Ltd (HMSI) has signed a Memorandum of Understanding (MoU) with state-run <keyword id="62034" type="CITY" weightage="20" keywordseo="Punjab-National-Bank">Punjab National Bank</keyword> to provide <keyword id="6354851" type="ORGANIZATION" weightage="20" keywordseo="Retail">retail</keyword> finance to Honda two wheeler buyers. 
	 
	“This alliance is first of its kind in the two-wheeler industry - both for Honda and PNB. Propelled by this partnership with Punjab National Bank, we aim to grow Honda's retail finance significantly in coming months,” said Y S Guleria, Vice President, Sales and Marketing, HMSI. 
	Through this strategic alliance, company aims to tap its target audience in rural areas. “With 40% of branches of PNB in rural areas and additional 24% in semi-urban areas, Honda's strategic alliance with Punjab National Bank will help it make deeper inroads into hinterland”, the company said in a statement. 
	 
	By availing this offer, customers can save up to Rs 10,000 by getting loan finance for 90% of the value of the product at a lower rate of interest of 12.25%. The auto maker claims that the interest rate is the lowest in the industry. 
	 
	Commenting on the partnership, S S Bhatia, General Manager, Retail Assets Division, Punjab National Bank said that the bank has offered two retail finance schemes through this alliance. “Our Bank has 80 specialized retail asset branches at prime locations for financing only retail loans. Honda is synonymous globally with high quality products at reasonable prices…Through customized and convenient finance options, we look forward to partnering Honda in fulfilling the dreams and aspirations of millions in India,” added Bhatia. 
	 
	Reports suggest that HMSI is expecting to clock in a sale of 4.5 million scooters and motorcycles in the current fiscal year, posting a growth of 22% against 3.7 million units sold in the last fiscal year.

Honda India To Woo Customers
Through Easy Retail Loans; Ties-Up With PNB

This is good news for the <keyword id="6356076" type="UNKNOWN" weightage="80" keywordseo="indian-economy">Indian economy</keyword>, which will surely get a boost from high-end bikes and scooters production within India. <keyword id="20630" type="CITY" weightage="80" keywordseo="Honda">Honda</keyword> Motorcycles and <keyword id="173465" type="CITY" weightage="80" keywordseo="Scooters-India">Scooters India</keyword> (<keyword id="121221" type="ORGANIZATION" weightage="80" keywordseo="HMSI">HMSI</keyword>) announced yesterday that they are setting up Rs 1,100 Crore manufacturing plant in Gujarat, which will majorly be responsible to produce scooters. With this HMSI will also start producing top of the line motorbikes in India starting with the CBR 650 sports bike. 
 The production of these motor bikes should start in 2015. "We announce that (from) next year Honda will start making CBR -650 in India. By this, we will not only open up the skill of our existing manpower but it will also showcase the <keyword id="109276" type="COMPANY" weightage="80" keywordseo="Honda-India">Honda India</keyword>'s manufacturing quality to the world," Said HMSI Vice-President Y S Guleria. 
 However, it is still unclear that the same Gujarat plant will start producing the high-end bikes as well. Honda might be looking for another place to setup shop to for superbike production in India. This means that they will <keyword id="47916" type="UNKNOWN" weightage="80" keywordseo="invest">invest</keyword> more money in the country, which will churn more job opportunities. 
 
HMSI already has plants in Rajasthan, Haryana and Karnataka and with the Gujarat plant coming to effect in 2015 they will have a greater hold in the two wheeler market. 
 
It is said that the new plant in Gujarat will have over 3,000 employees and will be the largest scooter manufacturing unit in the world. For a country like India where scooters are a common mode of transportation, this is very good news. As Honda can now probably give its scooter offerings at a very attractive rates to its customers.

Honda Will Produce High-End Sports Bikes In India And Be
Part Of Modi’s Make In India Campaign

PM Narendra Modi’s ‘<keyword id="6354869" type="UNKNOWN" weightage="20" keywordseo="make-in-India">Make in India</keyword>’ initiative is gaining steam as <keyword id="20630" type="CITY" weightage="20" keywordseo="Honda">Honda</keyword> Motorcycle &amp; Scooter India inaugurated its fourth manufacturing plant in Gujarat. 
 
The Honda’s latest green factory is spread over 250 acres and will operate under two phases and will manufacture 1.2 million automatic scooters annually. 
 
The new plant is environment friendly as it is technologically advanced and more than one-third of the total plant area is a dedicated green zone. 
 
Noriaki Abe, Operating Officer, Chief Operating Officer - Asia and Oceania Regional Operations, Honda Motor Co., Ltd. said, “In case of two-wheelers, India is the fastest growing economy in the world and is one of the most important and fast growing markets for Honda. We are inaugurating our 4th factory in Gujarat. This will make India to attain No. 1 position in all ASEAN countries.” 
 
With an investment of around Rs 60 million in and around Vithalapur, Honda is also generating employment in the region. 
 
In 2015, Honda’s global sales of all products was 28 million units out of which global 2wheeler sales stood at 17 million units. 
 
“Today, 25% of the total Honda two-wheelers sold across the world come from India. We will continue to invest in technology, for the Indian market. Through training and cross market collaborations, we want to make India Honda’s technology hub as well,” said Shinji Aoyama, Operating Officer and Director, Chief Operating Officer, Motorcycle Operations, Honda Motor Co., Ltd.

Another boost to Make in India, Honda launches 4th plant in Gujarat

As the Financial year 2014 comes to a close, Japanese auto maker Honda has announced some key changes in the top management. As reported by The Economic Times, Katsushi Inoue will takeover as the <keyword id="665726" type="POSITION" weightage="80" keywordseo="President-CEO">president &amp; CEO</keyword> from April. 
 
The company said, "Inoue has been associated with Honda Motor Co for over 29 years and has served as General Manager in Marketing Planning office in Japan headquarters in his last assignment." 
 He has worked with Honda ventures in different markets across the globe including Japan, Thailand, Malaysia, the UK, Poland and <keyword id="87" type="COUNTRY" weightage="80" keywordseo="Germany">Germany</keyword>. 
 
As part of the reshuffling process, Hiroyuki Shimizu will be the new senior vice president &amp; director, marketing &amp; sales, in Honda Cars India (HCIL), the company's wholly-owned subsidiary. 
 Also, Yoshiyuki Matsumoto, managing officer, <keyword id="191593" type="CITY" weightage="100" keywordseo="Honda-Motor-Co-">Honda Motor Co.</keyword>, who was the representative of development, purchasing and production in Asia and Oceania since April 2013 and was stationed in India, moves to Japan after completing his tenure, HCIL said in a statement. 
 
"He will take over as the chief operating officer of the Automobile Operation at Honda Motor Co. He is planned to be elevated to the position of director on the Board of Directors in Honda Motor Co with the title of Senior Managing Officer and Director after approval at the General Meeting of Shareholders of the company scheduled to be held in June 2015," according to the ET. 
 
Prior to Katsushi Inoue, Hironori Kanayama was the president &amp; CEO of Honda. During the three years of Kanayama's leadership in India, HCIL has witnessed rapid growth in its business. Honda Amaze, Honda Mobilio and 4th generation Honda City were launched in the Indian market during this period, which subsequently helped Honda to pull itself up and slash down it losses by more than 50%. 
 
(Image: India Times)

This man will lead Honda’s business in India

New <keyword id="19900881" type="General" weightage="20" keywordseo="delhi" source="keywords">Delhi</keyword>: Japanese auto major <keyword id="19965528" type="General" weightage="100" keywordseo="honda" source="keywords">Honda</keyword> on Wednesday said it has started joint research on AI technologies with <keyword id="19896445" type="General" weightage="20" keywordseo="iit-delhi" source="keywords">IIT Delhi</keyword> and IIT Bombay with plans to develop driver assistance and automated driving technologies applicable in various regions of the world, including India. The joint research is aimed to further advance Honda CI (Cooperative Intelligence)-- the original Honda AI that enables mutual understanding between machines and people, the company said in a statement. Honda Cars India Ltd (HCIL), a Honda subsidiary in India, will sign a joint research contract with the two IITs. "The IITs are a home to a large number of excellent researchers and engineers, and through the joint research with those institutes, Honda will strive to advance the underlying technologies of CI, with an eye toward the future applications for technologies that reduce traffic collisions and enable automated driving," it said. With an aim to achieve further advancement of CI, Honda and IITs have set joint research themes such as recognition of the surrounding environment and cultivation of cooperative behaviour, and will conduct research and development while utilising the cutting-edge AI technologies, it added. Under the partnership, for each research theme, Honda associates and IIT professors will engage with IIT students for planning, designing, developing and testing technologies which work beyond the confines of the laboratory and thereby proceed with the research and development more flexibly and with a high degree of freedom, Honda said. "This will enable Honda and IITs to work in a more flexible environment with deeper exchange of academic and industry insights," it added. In addition, as part of this research, Honda with the help of IITs is aiming to conduct verification of driving assistance and automated driving technologies in the suburbs of Delhi and in Mumbai. Due to numerous variations in the road systems and a large number of road users, India has a complex traffic environment where situations that occur frequently are difficult for AI to predict. "By conducting technology verification in such a technically challenging environment, Honda and IITs will refine the underlying technologies of CI and strive to apply them to future driver assistance and automated driving technologies in various regions of the world, including India," the statement said. Honda said it has been actively hiring IIT graduates since 2019, and many of them are now playing key roles in the areas of mobility intelligence, including the research and development of CI.

Honda begins joint research with IIT Delhi, Bombay on AI technologies

In a bid to connect with the Indian youth, Honda launched NAVI (New Additional Value of India) in the two-wheeler segment with much fanfare at <keyword id="2855210" type="UNKNOWN" weightage="20" keywordseo="Auto-Expo-2016">Auto Expo 2016</keyword>. 
 
Navi is powered by 110cc engine and is priced at Rs 39,500 (ex-showroom price, Delhi). The delivery of Navi will start from April this year. 
 
Navi, which is a 100 per cent Honda R&amp;D India model and will be available in five colour options, is looking to refresh the feel and look of the two-wheelers. 
 
Takahiro Hachigo, President, CEO &amp; Representative Director, Honda Motor Co., Ltd., Japan, said, “India is a fast growing economy and the largest two-wheeler market in the world and our Indian operation became the largest volume contributor to Honda’s global production in 2015. Honda’s fourth two-wheeler plant in Gujarat will be ready to commence its operation soon.” 
 
Meanwhile, Honda also announced that it will make CRF1000L Africa Twin in India under the ‘Make in India’ initiative. 
 
At the Auto Expo 2016, Honda also showcased the new 2016 editions of its four current models-New CB Unicorn 160, CD 110 Dream, Dream Neo and CB Unicorn 150. 
 
The Auto Expo also saw glimpse of Honda’s future concept-Neowing. 
 
Delivering sporty, lean cruising with big bike-style cornering and a stable ride feel, this 3-wheel sport hybrid with a 4 cylinder petrol.

Auto
Expo 2016: Honda looks to connect with youth, launches swanky Navi at Rs 39,
500

<a href="http://www.businessinsider.in/searchresult.cms?query=Honda">Honda</a> Motorcycle and Scooter India Pvt. Ltd. (HMSI) today launched its final product of the year - the <keyword id="3142530" type="UNKNOWN" weightage="40" keywordseo="125cc-CB-Shine-SP">125cc CB Shine SP</keyword>. 
 The motorcycle comes with a 5 speed gear box, digital analog meter console and <keyword id="20630" type="CITY" weightage="80" keywordseo="Honda">Honda</keyword>’s Eco Technology (HET) and advanced Combi-Brake System (CBS). The new CB Shine SP will be available in 5 colors and three variants and is available at Rs.59,900 for Self-Drum-Alloy, Rs.62,400 for Self-Disc-Alloy and Rs. 64,400 for CBS (Ex-showroom, Delhi). 
 
Speaking at the launch, Mr. <a href="http://www.businessinsider.in/searchresult.cms?query=Keita+Muramatsu">Keita Muramatsu</a>, President &amp; CEO, Honda Motorcycle &amp; Scooter India Pvt. Ltd revealed that the current festive season saw the biggest festive footfalls in India. The company sold over 4.5 lacs unit in Oct 2015, it’s highest ever in a month. 
 
The company saw a 2% jump in the overall market share in the 2 wheelers market. It currently commands a hefty 46% market share in the 125cc motorcycles segment. 125cc infact holds 11.2% of the total 2 wheeler market segment. 
 
When asked about the way forward for Honda, Mr. <a href="http://www.businessinsider.in/searchresult.cms?query=Y.+S.+Guleria">Y. S. Guleria</a>, Senior Vice President – Sales &amp; Marketing, Honda Motorcycle &amp; Scooter India Pvt. Ltd said the majority of the 2 wheelers market in India is focused around the Scooter segment. The company is also running production to its maximum capacity, so new export plans are on hold right now. 
 
India is currently the 2nd largest contributor to Honda’s 300 million user-base worldwide.

Honda vrooms into 125 cc motorcycle segment with new CB
Shine SP

NEW DELHI: India has become the biggest two-wheeler market in the world for Japanese major <keyword id="20630" type="CITY" weightage="80" keywordseo="Honda">Honda</keyword>, nearly three years after it decided to go solo following the split with Munjals of Hero. 
 
Sales in India have emerged as the highest for Honda across its global operations, led by a strong demand for its scooters and a slow-but-gradual pick-up in motorcycle volumes. 
 Honda's fully-owned Indian subsidiary, <keyword id="153241" type="COMPANY" weightage="80" keywordseo="Honda-Motorcycles">Honda Motorcycles</keyword> and <keyword id="149019" type="COMPANY" weightage="80" keywordseo="Scooter-India">Scooter India</keyword> (<keyword id="121221" type="ORGANIZATION" weightage="100" keywordseo="HMSI">HMSI</keyword>), emerged as the top-seller for the company in July, and followed the feat in August. The leadership assumes significance considering HMSI was at the fourth place in Honda's twowheeler pecking order just three years back with top three ranks being occupied by <keyword id="8692" type="COUNTRY" weightage="80" keywordseo="Indonesia">Indonesia</keyword>, <keyword id="13486" type="COUNTRY" weightage="80" keywordseo="Vietnam">Vietnam</keyword> and <keyword id="3739" type="COUNTRY" weightage="80" keywordseo="Thailand">Thailand</keyword>. 
 
"The high demand in India has helped us achieve an aggressive growth rate, which has taken us to the top position in Honda's two-wheeler business," Keita Muramatsu, president &amp; CEO of HMSI, told TOI. 
 
Indonesia had been the top market for Honda in two-wheelers till India displaced it in July. 
 
HMSI - the second-biggest two-wheeler maker in India behind Hero MotoCorp - sold 3.8 lakh units in July (up 33% y-oy) and 3.9 lakh units in August (26% up y-o-y). 
 
HMSI's strong run will mean the company will contribute 25% of Honda's global two-wheeler sales this fiscal against 22% in the previous fiscal. HMSI expects to sell 45 lakh units this fiscal against 37 lakh units it sold in 2013-14. 
 Muramatsu said strong performance of scooters, especially the 'Activa' model, has played a key part in fuelling the company's growth. Scooter sales have been the backbone of HMSI's operations in India and have single-handedly worked at reviving the dying segment after the exit of <keyword id="6358511" type="COMPANY" weightage="100" keywordseo="Bajaj">Bajaj</keyword> Auto. 
 
"Changing lifestyles, rising number of female riders and increased demand from semi-urban regions have led the growth in scooter sales," Muramatsu said. 
 
Y S Guleria, VP (sales &amp; marketing) of HMSI, said the company is now boosting vehicle production as well as presence in the market as it plans at least one new model every quarter. "We have an annual production capacity of around 4.6 million units. The new factory in Gujarat, which should be operational by the first quarter of 2016, will add an additional 1.2 million units to our capacity." The company, which has invested around Rs 6,200 crore, is rapidly expanding its presence in India and getting deeper into smaller towns and rural areas. 
 
Image: Zigwheels

India Largest 2-Wheeler Market For Honda In The World

New Delhi, Apr 27 () Honda Cars India on Monday said it has launched an online sales platform to help customers manage their purchases without visiting a dealership.The company's 'Honda from Home' initiative allows customers to browse through the product options, select their preferred dealership and proceed to book their car online.The platform, which has been designed to simplify the booking process by offering round-the-clock access from any location, will soon be integrated with company's pan-India dealerships, Honda Cars India Ltd (HCIL) said in a statement."Customers can now conveniently book their Honda car from the comfort of their homes. This platform is part of Honda's digitalisation efforts in car retail experience that not only drives convenience but also efficiency," HCIL Senior Vice President and Director (Sales and Marketing) Rajesh Goel said.Hyundai Motor India has already integrated its entire sales network of over 500 dealerships across the country with its recently introduced online sales platform. The company's online sales platform -- Click to Buy -- offers an end-to-end retail experience to its customers. MSS ANUANU

You Searched For "Honda India" and got 9 results

Honda India To Woo Customers Through Easy Retail Loans; Ties-Up With PNB

Purba Das

Honda Will Produce High-End Sports Bikes In India And Be Part Of Modi’s Make In India Campaign

Sulabh Puri

Another boost to Make in India, Honda launches 4th plant in Gujarat

BI India Bureau

This man will lead Honda’s business in India

BI India Bureau

Honda begins joint research with IIT Delhi, Bombay on AI technologies

PTI

Auto Expo 2016: Honda looks to connect with youth, launches swanky Navi at Rs 39, 500

BI India Bureau

Honda vrooms into 125 cc motorcycle segment with new CB Shine SP

BI India Bureau

India Largest 2-Wheeler Market For Honda In The World

Times Of India

Honda launches online sales platform

PTI

Popular Keywords

Buying Guides