Honda Cars India Limited

Company limited by Shares (1)

Honda Cars India Limited Description

Honda Cars India Limited was established in the year 1995 and has its headquarters in Greater Noida. The company manufactures and sells passenger cars. They also deals with the needs of their customers who want to exchange their existing cars with a new one. They offer car sales, services. The company operates as a subsidiary of Honda Motor Co Ltd and Usha International of Siddharth Shriram Group. Later, the company bought the latter's shares in the joint venture. Now the company is a 100% subsidiary of Honda and has renamed itself. It was formerly known as Honda Siel Cars India Ltd. The company's first manufacturing unit is at Greater Noida and has been operational since 1997. It was set up at an investment of more than 4.5 million INR initially. The plant is spread over 150 acres. The initial capacity of this plant was 30,000 car per annum, but it was later increased to 50,000 cars on a two shift basis. Now the capacity has been further increased to 100,000 units annually. This led to an increase in the covered area in the plant. They set up their second plant in Rajasthan. The present models that are currently being produced are: Honda City, Accord, Civic, Jazz, Brio, CR-V, Amaze, Mobilio, BR-V and WR-V. The company has 331 dealership outlets across 121 cities in about 20 states and 3 union territories of the country. They have sold 189,062 units during their 2014-2015 period against 1, 34,399 units during the same period a year ago. It recorded an increase of more than 44%. The Japanese carmaker, Honda, launched their new compact SUV on the Jazz platform called WRV in the year 2017. The company has ended their 2017 March revenue and it touched 16,870 crore, first profit of 360 crore profit after six years loss consecutively.

Honda Cars India Limited Overview

INDIA HO
NEW DELHI
CIN
U15114DL1995PLC203983
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
EMAIL
corporate@hondacarindia.com
FOUNDED
05 Dec,1995
PAID-UP CAPITAL
7,743,762,680
AUTHORISED CAPITAL
10,000,000,000
82 Related Suppliers
2 No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 8
Shareholding As On 2017-08-04

Honda Cars India Limited in News

18 Oct 2021

EEPC plans chapters in tier II & III cities to boost engineering exports

The Engineering Export Promotion Council of India has decided to go deep in tier-II and III cities to encourage firms in the smaller towns to join the global value chain and production networks. "Our strategy is to create more engineering exporters by moving into smaller towns all over the country through the opening of EEPC India chapters," EEPC chairman Mahesh Desai said.

17 Oct 2021

Sri Lanka seeks $500 mn loan from India for fuel purchase

The state-run Ceylon Petroleum Corporation (CPC) owes nearly USD 3.3 billion to the two main government banks -- Bank of Ceylon and People's Bank. The state oil distributors imports crude from the Middle East and refined products from other areas, including Singapore.

14 Oct 2021

Kia India drives in Sonet anniversary edition at Rs 10.79 lakh

"The Sonet has been one of our breakthrough products that have contributed to Kia's success in India. With sales of more than one lakh units in less than a year, the Sonet has already established itself as one of India's highest-selling compact SUVs.

13 Oct 2021

Indian economy is recovering from COVID-19 crisis: World Bank President

Malpass said he went to India in late 2019 and saw the changes that were being made that were quite positive in terms of the banking system, the financial system, the civil service system, and ways that India was looking for ways to improve the clean water situation which is very important in India for child nutrition for improving nutrition.

13 Oct 2021

India’s oil demand to rise 50% by 2030 against global expansion of 7%: Report

India’s oil consumption is forecast to rise from 4.8 million barrels per day (mbd) in 2019 to 7.2 mbd in 2030 and 9.2 mbd in 2050, as per the IEA’s key scenario based on stated policies. The projection shows the centrality of oil in the Indian economy over the next three decades and runs counter to BP’s forecast last year that estimated the country’s oil demand to peak in 2025.

09 Oct 2021

Taiwan views India as an attractive investment destination

Speaking to TOI ahead of Taiwan’s National Day on October 10, Wang said a Taiwanese industrial cluster was likely to come up in a southern part of India, and Taiwan Electrical and Electronic Manufacturers Association (TEEMA) would also ramp up steps to have bigger footprint in India.

06 Oct 2021

New drone policy will benefit people living in remote areas: PM Modi

"Recently, many policy decisions were taken so that farmers, patients, people living in remote areas get maximum benefits from drone technology," said PM Modi, while interacting with the beneficiaries of the Svamitva scheme from Madhya Pradesh via videoconferencing.

06 Oct 2021

Honda Cars India offers festival discounts up to INR 53,500

The company will offer discounts up to INR 53,500 on its 5th generation Honda City, up to INR 22,000 on its 4th generation Honda City, up to INR 18,000 on new Amaze, up to INR 40,100 on its new WR-V and up to INR 45,900 on its new Jazz.

05 Oct 2021

Tata Motors PV business aims record output, to break into profit in FY23

Tata Motors expects the Punch to be the top selling model in its portfolio and help the brand move towards a monthly volume of 30,000-35,000 units — assisting it move closer to posting a pretax profit in the passenger vehicle business, said people in the know. The business had posted a loss of Rs 1,558 crore before interest and tax in the fiscal year ended March 31, 2021.

30 Sep 2021

GM Will Have Cloud-Based Software in Its Cars Starting in 2023

Software services have never been a strength for carmakers: Consumers routinely rely on their smartphones for navigation and other services. GM’s OnStar safety and concierge system never developed into a big moneymaker, and competing systems were typically less successful.

29 Sep 2021

Edmunds compares Hyundai Tucson and Honda CR-V SUVs

Honda introduced this latest CR-V generation back for the 2017 model year and hasn't significantly updated it since. And that has opened the door for newer rivals to challenge its reign. One of those hopefuls is the redesigned 2022 Hyundai Tucson.

Directors of Honda Cars India Limited

Name DIN Email Designation Date of joining
Masanori Nakatani Unlock to View Unlock to View Director 01 Apr,2017
Kenichi Takashima Unlock to View Unlock to View Director 22 Dec,2016
Yoichiro Ueno Unlock to View Unlock to View Director 11 Aug,2016
Sumihiro Takahashi Unlock to View Unlock to View Director 11 Aug,2016
Masahiro Honda Unlock to View Unlock to View Additional Director 01 May,2016
Hirotomo Hirano Unlock to View Unlock to View Additional Director 01 Apr,2016
Praveen Paranjape Unlock to View Unlock to View Additional Director 01 Apr,2016
Alka Marezban Bharucha Unlock to View Unlock to View Director 04 Mar,2015
Manoj Arora Unlock to View Unlock to View Director 04 Mar,2015
Raman Kumar Sharma Unlock to View Unlock to View Nominee Director 01 Apr,2007

Unlock Honda Cars India Limited to view more data

Financials

Honda Cars India Limited‘s balance sheet, profit & loss figures and Financial Ratios

Plant Details

Get plant information and details for Honda Cars India Limited

Clients

Know the direct, tier 1 and foreign suppliers for Honda Cars India Limited

Revenue Sources

Which business is the best revenue generator for Honda Cars India Limited

Company Structure

Honda Cars India Limited‘s subsidiaries, Joint Ventures, Associates & Signatories

Unlock