Honda Siel Cars India Ltd is a joint venture of Siel Limited (India) and Honda Motor Co. Ltd. (Japan). The company has established itself as a leading brand in the metros with 51 Honda Exclusive Authorized Dealerships in 21 cities.
The company sells more than 50,000 cars in India in a year. Also known as Honda Motors, its a company whose 'City' model revolutionized Indian passenger car market. Honda Motor Co. Ltd is planning for a capacity of 150,000 units per annum by 2010. The company HSCI currently produces the newly launched Honda Jazz, City, Civic and Accord models in India and the premium SUV, CR-V is sold as a fully imported unit from Japan.
Founder | Soichiro Honda (Honda Motor Co. Ltd.) |
Year of Establishment | September 1948 (Honda Motor Co. Ltd.) |
Industry | Motorcycles, automobiles, power products |
Business Group | Siddharth Shriram Group of Siel Limited (India) Honda Motor Co. Ltd. (Japan) |
Subsidiaries | 339 subsidiaries (as of March 31, 2006) |
Head Office | Honda Motor Co. Ltd. 2-1-1 Minami Aoyama, Minato-ku Tokyo 107-8556, Japan Tel.: +(81)-(3)-34231111 |
India Office | Honda Siel Cars India Ltd. Plot No. A-1, Sector 40/ 41 Surajpur-Kasna Road Greater Noida Industrial Development Area Distt. Gautam Budh Nagar U.P. 201 306 Tel.: +(91)-(120)-234 1313/ 1321/ 1327/ 1801/ 1806 Fax: +(91)-(120)-234 1313/ 1321/ 1327/ 1801/ 1806 |
Website | www.world.honda.com/India |
Global Website | www.automobiles.honda.com |
2006 |
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2005 |
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Note: Figures show No. of vehicles
Total | 42,727 units |
Domastic Market | Growth of 14% over previous financial year |
Honda City | 37,545 units |
City ZX | 17,165 (since November 2005) |
Accord | 3,324 units |
CR-V sales | 1,858 units |
Note: Figures show No. of vehicles
Honda Siel Cars India Ltd., (HSCI) was incorporated in the year 1995. It was a joint venture between Honda Motor Co. Ltd. of Japan and Siel Limited (Siddharth Shriram Group) of India. The commitment of the JV was to provide Honda's latest passenger car models and technologies in India.
Honda Siel Cars India Ltd., (HSCI) was incorporated in the year 1995. It was a joint venture between Honda Motor Co. Ltd. of Japan and Siel Limited (Siddharth Shriram Group) of India. The commitment of the JV was to provide Honda's latest passenger car models and technologies in India.
Currently HSCI produces the Honda City, Civic and Accord models in India and the CRV is sold as a full import from Japan. The company is ISO 9001 certified for quality management and ISO 14001 for environment management.