ELEVATED ROAD TO SUCCESS
BW Businessworld|April 20, 2024
Honda Cars India is exporting 'Made in India' cars back to Japan showcasing India as a strong manufacturing hub for Honda sedans and SUVs. What is its game plan?
- Ashish Sinha
ELEVATED ROAD TO SUCCESS

IT’S A EUREKA moment for Honda Cars India (HCI) in its 29th year. From selling excellently engineered cars in the domestic market and creating a loyal but small base of customers, the carmaker is now exporting big numbers across key international markets including home country Japan, showcasing its robust manufacturing prowess (Make-in-India).

But much of the buzz around exports is on account of the Honda Elevate SUV, and its export to Japan. The Elevate made its global debut with India as the first market in September 2023. In the past six months, it has sold over 30,000 units and counting.

Takuya Tsumura, President and CEO, HCIL said, “The launch of the ‘Made-in-India’ Elevate as WR-V in Japan is a proud moment for all of us. This reaffirms our manufacturing potential and growing importance of Honda Cars India in Honda’s global business strategies.”

Unveiled first as Honda WR-V in Japan in December, the Elevate with its bold design and strong road presence, outstanding space and comfort, and its advanced safety offering has come in for huge praise from its Japanese customers.

Besides Japan, HCIL has been exporting models in its line-up to left hand drive markets in Turkey, Mexico and Middle East and right-hand drive markets in Nepal, Bhutan, South Africa and SADC countries.

The Resurgence

In the past three years, HCIL undertook a number of steps to make its systems robust, its organisation lean and more efficient and its manufacturing state-of-art at its Alwar, Rajasthan-based plant. Today, the results are for everyone to see. 

この蚘事は BW Businessworld の April 20, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は BW Businessworld の April 20, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

BW BUSINESSWORLDのその他の蚘事すべお衚瀺
The Astrology Cryptocurrency Of In New Financial Year
BW Businessworld

The Astrology Cryptocurrency Of In New Financial Year

Whether you're a seasoned investment enthusiast or just starting out on your financial journey, Vedic astrology can be beneficial, especially in markets as volatile as the crypto sphere

time-read
3 分  |
April 20, 2024
KRISHNA CONSCIOUSNESS
BW Businessworld

KRISHNA CONSCIOUSNESS

The reader can almost feel that the mortal journey of Krishna has ended, yet Krishna Consciousness has manifested again as Keshav. Krishna-the Seventh Sense reveals the continuity of existence, notwithstanding the limitation of the one who exists. This book is a treasure

time-read
1 min  |
April 20, 2024
Recreating The Maruti Moment In EVs
BW Businessworld

Recreating The Maruti Moment In EVs

SAJJAN JINDAL on the joint venture with MG Motor, electric mobility, charging infrastructure and more

time-read
2 分  |
April 20, 2024
Sustainable Models of Support for Women Entrepreneurs in India
BW Businessworld

Sustainable Models of Support for Women Entrepreneurs in India

Personal one-on-one mentorship is a key intervention that is most required amongst MSMEs and young startup founders today

time-read
1 min  |
April 20, 2024
ELEVATED ROAD TO SUCCESS
BW Businessworld

ELEVATED ROAD TO SUCCESS

Honda Cars India is exporting 'Made in India' cars back to Japan showcasing India as a strong manufacturing hub for Honda sedans and SUVs. What is its game plan?

time-read
4 分  |
April 20, 2024
HOW HINDUJA GROUP'S BID TO ACQUIRE RELIANCE CAPITAL VIOLATES INDIA'S FDI, INSURANCE NORMS
BW Businessworld

HOW HINDUJA GROUP'S BID TO ACQUIRE RELIANCE CAPITAL VIOLATES INDIA'S FDI, INSURANCE NORMS

The bid structure has come into question with the insurance regulator pointing out that it not just allows Hinduja Group-backed foreign entities to own 100 per cent in Reliance Capital’s insurance business but also lets them bid on borrowed money in total disregard of Indian laws and norms

time-read
8 分  |
April 20, 2024
Taking Astrology To The Masses
BW Businessworld

Taking Astrology To The Masses

Driven by profound fascination and belief in the cosmic intricacies, Rajeev Bhandari, Founder, AstroSagga is on a mission to offer affordable courses to fuel employment in astrology sector

time-read
2 分  |
April 20, 2024
"My Mission Is To Make Temples Across India Better"
BW Businessworld

"My Mission Is To Make Temples Across India Better"

Sharad Kamath, Founder and CEO, 3ioNetra identified the need fora comprehensive software solution to address the complex billing and accounting needs of temples based on his experiences as avolunteer and organiser at religious functions

time-read
2 分  |
April 20, 2024
A Conduit Between Spiritual and Tech Realms
BW Businessworld

A Conduit Between Spiritual and Tech Realms

In November 2023, Vama secured a Seed Plus round led by Wavemaker Partners, bringing its total funding to USS 2.8 million

time-read
2 分  |
April 20, 2024
"AI Will Catalyse Hockey Stick Growth Of Astro Sector In India"
BW Businessworld

"AI Will Catalyse Hockey Stick Growth Of Astro Sector In India"

The current faithtech landscape in India leans heavily towards entertainment, says Punit Pandey, Founder, AstroSage and believes the key lies in shifting the revenue model from entertainment to trust

time-read
1 min  |
April 20, 2024