Honda Cars India Limited (HCIL) is enroute to expansion journey, the Japanese automaker is focusing on energizing its current outlets and also on expanding the dealerships and service network, concentrating more on the tier III cities. The carmaker has recently inaugurated 200th dealership in the country and plan to expand the total no. of dealerships to 230 in 150 cities by the end of March 2015. Moreover, Honda India registered 43 per cent growth in the current fiscal year till now, and its the third consecutive profitable fiscal year!
Delighted over the company’s performance, Mr. Jnaneswar Sen, Sr. Vice President, Marketing and Sales, HCIL, commented, “We are thankful to our customers for the great response we have achieved for our cars. We launched the new City and the Mobilio in 2014 and both models have done very well in their respective segments. Honda Amaze has also established itself as the preferred family sedan for more than 1 lakh customers in India. The state of Madhya Pradesh accounts for 3% of HCIL’s national sales. As we expand our business, it is important for us to move even closer to our customers to be able to provide them with best customer services at nationwide level.
“The demand for our models is quite strong and we have been bucking the industry de-growth by posting good sales. This fiscal year is going to be our 3rd consecutive year of positive growth,” Mr Sen added further.
The company is running three successful products in the portfolio - City, Amaze and the recently launch Mobilio MPV. The upcoming product in the pipeline - Honda Jazz is also an anticipated one since its showdown at the expo earlier this year. Moreover, HCIL has also started second shift at the Tapukara plant in Rajasthan to decrease the waiting period of the City.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
