News:
- Honda plans to make India an export hub for auto components by enhancing supply from here to its various international operations.
- Honda which exported auto components worth Rs 722 crore in 2014-15, is looking for over 50 per cent increase by adding more countries such as the US, China and Canada.
- Honda’s exports of auto components from India has been gradually increasing. In 2013-14, its component exports had a turnover of Rs 420 crore.
- Honda has started acquiring land in Gujarat for another plant but have not started work on it as they can still enhance production capacity of our Tapukara plant.
Source: ET