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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

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Publication:Mena Report
Geographic Code:9INDI
Date:Feb 24, 2014
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