Thursday, October 23, 2008

When the world deceives Honda, it receives a warm ‘India’ welcome

Masahiro Takedagawa, President, Honda Siel shares his India stance and future plans. A B&E exclusive...
B&E: How has Honda’s India experience been, especially considering that India has proven lucky in more than one regards for Honda?
With a market share of 24%, Honda has been at the top of the premium segment. We will continue to provide the latest technology to the customer on a regular basis.

B&E: What are Honda’s small car plans for India?
We have planned a plant in Rajasthan that is currently under construction. We have a couple of models from Honda’s international line-up, which we may also consider for India in the near future.

B&E: Is launching of the hybrid a technology demonstrator?
Honda is a leader in technology and likes to make statements with technology once in a while... (laughs)

B&E: How will you market a relatively new business & Economytechnology like hybrids to the Indian customer? How many hybrids have you imported initially?
First of all we require the support of the media. Then, we have instructed all of our 80 dealerships to offer a test drive to any interested individual. We have imported about 130 units from Japan.

B&E: The automotive sector is on a downturn. Has that affected the company?
This is specific to the particular Indian market and we are trying our best to come out of the situation.

B&E: Will the 1.3l used in the new Civic hybrid also be used in the Jazz?
The 1.3l unit is too large for a small car as it does not qualify in the small car norms.

B&E: Will you manufacture the hybrids in India?
No, the cars will be manufactured in Japan and will attract a 110% duty. We cannot make the cars here because of technical issues. The government should however cooperate with us in this endeavour.

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IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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