Honda Siel Cars India Ltd.

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.

Quick Facts

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

Awards & Accolades :

2006
  • Best Indian Company (unlisted) by Business Standard Group
  • Manufacturer of the Year by NDTV Profit-Car India
  • Manufacturer of the Year by CNBC-TV 18 Autocar India
  • No 1 Mid Size Car (Honda City); No 1 Entry Luxury Car (Honda Accord) and No 1 Premium SUV (Honda CR-V) by TNS
  • Best Mid-size Car in Initial Quality (Honda City) and Most Appealing Mid-size car (Honda City) by JD Power
2005
  • CNBC Autocar CAR of the year 2004 - Honda City
  • ICICI Overdrive SUV of the Year 2004 - Honda CR-V
  • ICICI Overdrive Car of the Year 2004 - Honda City
  • Business Standard Motoring Car of the Year 2004 - Honda City

Note: Figures show No. of vehicles

Sales Performance (2005-06) :

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

Company Flashback:

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.