Honda Cars India Ltd. (HCIL) has reached a significant milestone by achieving 200,000 cumulative units exported from India. This achievement highlights the company’s strong manufacturing capabilities and its dedication to delivering high-quality products to a global customer base.
According to Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd., this milestone is a testament to the global recognition of India-made cars. He also stated that exports are a key part of HCIL’s business strategy and that the company remains committed to the ‘Make in India’ initiative.
The highly popular Honda City and the versatile Honda Elevate have been the primary drivers of this growth, together accounting for 78% of the total export volume. The remaining 22% of the exports include a diverse range of models such as the Brio, Amaze, Jazz, BR-V, Mobilio, City e:HEV, Accord, and CR-V. Notably, the Honda Elevate is exported to Japan under the name WR-V.
Over the years, HCIL has exported vehicles to 33 countries. The top export markets by share are Japan at 30%, followed by South Africa and SADC countries at 26%. Mexico and Turkey accounted for 19% and 16% respectively, with the remaining 9% going to the Middle East, SAARC region, Caribbean, and South America.
The company’s export journey began with a focus on neighboring markets. The first 50,000 units were exported to SAARC countries, South Africa, and SADC countries by 2021. The next 50,000 units were exported in 2.5 years, expanding to Left Hand Drive markets like the Middle East, Mexico, and Turkey. The most recent 100,000 units were exported in just two years, fueled by the demand for the Elevate in new markets such as Japan, South America, and Caribbean nations.
Frequently Asked Questions (FAQs)
1. What is the key milestone Honda Cars India has achieved? Honda Cars India Ltd. has achieved a significant milestone of 200,000 cumulative units exported from India.
2. Which models contributed most to this export milestone? The Honda City and Honda Elevate were the main contributors, accounting for 78% of the total export volume.
3. What other models does Honda Cars India export? Other exported models include the Brio, Amaze, Jazz, BR-V, Mobilio, City e:HEV, Accord, and CR-V, which collectively make up 22% of the total export volume.
4. To how many countries does HCIL export its vehicles? HCIL has exported vehicles to 33 countries across various regions.
5. Which countries are the largest export markets for Honda Cars India? Japan is the largest market with a 30% share, followed by South Africa and SADC countries (26%), Mexico (19%), and Turkey (16%).
6. What is the Honda Elevate called in Japan? The Honda Elevate is exported to Japan under the name WR-V.
7. How has the export volume increased over time? Honda’s first 50,000 exports took until 2021, the next 50,000 took 2.5 years, and the most recent 100,000 units were achieved in just two years.
8. What does this milestone signify for Honda? This milestone highlights Honda’s strong manufacturing capabilities in India, its commitment to the ‘Make in India’ initiative, and the global recognition of its Indian-made cars.
9. Who commented on this achievement? Mr. Kunal Behl, Vice President of Marketing & Sales at Honda Cars India Ltd., commented on this achievement.
10. Where are the Honda manufacturing facilities located in India? Honda’s corporate office is in Greater Noida, UP, and its manufacturing facility is in Tapukara, District Alwar, Rajasthan.
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