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Old 24th February 2014, 16:36   #1
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Default Honda to set up R&D Center at Greater Noida

Hi all, With fresh reports it is expected that Japanese car-maker Honda Motors is planning to set up a subsidiary in India that would work towards developing cars for the local market and increasing the use of locally-made components in its existing vehicles to make them more affordable.



Source: http://finance.indiaeveryday.in/full...25-6580857.htm
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Old 24th February 2014, 22:55   #2
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Default Honda to set up Research and Development subsidiary, Honda Genbetsu India (HGID).

'VTec just kicked in, Yo!'
The famous phrase of Honda fans seems to be what is happening with Honda in India. After a low phase during the 'hate petrol cars' era, Honda is coming all cylinders on fire, and is now the fourth largest car maker in India. And they are serious about their future in our market. The plans of a dedicated RnD is just another step towards the same.

Honda Motors is planning to set up its second subsidiary in India (after Honda Motor India, which takes care of its components and motor parts business) to assist in developing cars for the local market and increasing the localisation for its existing vehicles.

The facility, Honda Genbetsu India (HGID), would focus on research and development and is likely to come up at the company's existing manufacturing plant at Greater Noida, sources with knowledge of the matter said.

The unit will likely come at an initial investment of around Rs 500 crore. According to sources in the automotive industry, this facility will extend support for Honda's localisation strategy for its running models as well as provide designing support for some upcoming India-specific models in the near-term.

After developing a phenomenally fuelefficient diesel engine and lining up some interesting products like the Mobilio multipurpose vehicle and the Jazz premium hatchback for India, Honda is enthusiastic about its prospects in the Indian auto market. "After the success of its India-specific Amaze sedan, Honda is revitalising its plans for this market.
Source: http://economictimes.indiatimes.com/...w/30916858.cms

Last edited by sarathlal : 24th February 2014 at 22:56.
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Old 25th February 2014, 09:58   #3
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Default re: Honda to set up R&D Center at Greater Noida

This is indeed a wonderful step by Honda. Expansion of existing R&D centre to a full fledged one only reflects their commitment to the needs of the Indian car market.

Apart from the existing portfolio, the research will focus on new cars which will be designed keeping in mind the requirements of Indian customers.

This will also allow them to cut costs and make the cars more affordable thus allowing them to play the volume game.
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