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India to be an export hub for Honda

News:

  • Honda plans to make India an export hub for auto components by enhancing supply from here to its various international operations.
  • Honda which exported auto components worth Rs 722 crore in 2014-15, is looking for over 50 per cent increase  by adding more countries such as the US, China and Canada.
  • Honda’s exports of auto components from India has been gradually increasing. In 2013-14, its component exports had a turnover of Rs 420 crore.
  • Honda has started acquiring land in Gujarat for another plant but have not started work on it as they can still enhance production capacity of our Tapukara plant.

 

Source: ET

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