Printer Friendly

Honda Genbetsu India (Honda Motors research and development (R&D) Unit).

Status : Active

Phase : Planning

Sector : Research & Development

Facility type : Research and Development (R&D) Unit

Scope :

Honda Motors, Japanese carmaker, is planning to set up its subsidiary in India, which will focus on research and development (R&D).

The new subsidiary, Honda Genbetsu India (HGID) will work towards developing cars for the local market and increasing the use of locally made components in its existing vehicles, to make them more affordable. The new unit will be established at Honda%s existing manufacturing plant at Greater Noida, with an initial investment of around Rs 500 crore.

The company already has local R&D operations, which will likely be incorporated into this new unit.

country :India

2014 Al Bawaba (Albawaba.com) Provided by Syndigate.info , an Albawaba.com company
COPYRIGHT 2014 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Geographic Code:9INDI
Date:Feb 24, 2014
Words:127
Previous Article:Construction and Widening of Roadway on Four National Highways.
Next Article:Water Supply Scheme to Bellary City Corporation.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters