Honda Motor India, Honda's 100% Subsidiary for Service Parts, Begins Operations.New Dehli, India, Dec 1, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Honda Motor India Pvt Ltd (HMI (Human Machine Interface) The user interface in a manufacturing or process control system. It provides a graphics-based visualization of an industrial control and monitoring system. ), the wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Honda Motor Co.,Ltd. formally began its operations today from its corporate office in Greater Noida  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , UP. The plan to set up HMI was first announced in July this year by Mr Takeo Fukui Takeo Fukui (福井 威夫, Takeo Fukui; November 28, 1944- ) is the president and CEO of Honda Motor Co., Ltd.. He was born in Tokyo, Japan. He graduated from Waseda University with a Bachelor's degree in Applied Chemistry. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Honda Motor Co.,Ltd, during his visit to New Delhi. Formation of HMI is part of the overall strategy to strengthen and integrate operations of Honda companies in India with respect to service parts. HMI will begin its functions by immediately taking over the parts operations of Honda Siel Cars India Ltd. (HSCI HSCI Harvard Stem Cell Institute HSCI Hughes Space and Communications International, Inc. HSCI Hang Seng Composite Index HSCI High Speed Communication Interface (Cisco) HSCI Honda Siel Cars India HSCI High Speed Cable Interface ) and gradually integrate operations of Honda Siel Power Products and Honda Motorcycles & Scooters India Pvt Ltd. HMI will study the possibility of establishing a similar synergistic relationship with the fourth Honda company, Hero Honda Motors Ltd in the near future. Starting with a capital is Rs 15 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>. Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million , HMI has targeted a turnover of Rs 180 crore for the fiscal 2008. HMI will have a new warehouse facility to stock the service parts of motorcycles, automobiles and power products together which will be utilized along with other common resources like transportation, logistics and system development to help improve cost and operational efficiencies by up to 20%. This would ultimately result in overall benefit to customers by way of quality services like delivery within 24 hours and other cost advantages. Mr. Masahiro Takedagawa, Operating Officer, Honda Motor Co.,Ltd, who is also the President and CEO of HSCI, will head the new company as its President & CEO. Company Information
Name: Honda Motor India Pvt Ltd.
Established: September 18, 2006.
Starts operation: December 1, 2006
Location: Plot No. A-1, Sector 40/41, Surajpur-Kasna Road,
Distt. Gautam Budh Nagar (UP) - 201306
(With in the current site of Honda Siel Cars India Ltd.)
Capitalization: 100% Honda Motor Co.,Ltd.
Total Investment: About Rs 15 crore
President & CEO: Mr. Masahiro Takedagawa
Employment: 40 associates
Business: Parts operations
About Honda Motor Co., Ltd. Honda Motor Co., Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com. Source: Honda Motor Co., Ltd. Contact: Honda Motor Co., Ltd. Media Inquiries corporate_pr@hm.honda.co.jp +81-3-5412-1512 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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