September 29, 2011 at 2:10 pm
Honda India Imports Grew
In 2011-12, to Japanese carmaker will export engine parts for the City sedan and Jazz hatch to Indonesia, Malaysia, apart from kits comprising of Brio engine abe tranmission parts to Thailand. Parts exports in 2010-11 stood at Rs 11.3 crore.
“Quality and cost-competitiveness is high in India. The main idea was to get away from the exchange rate problem. Derisking (from concentrating production in Japan) is a spinoff benefit,” said Mr Jnaneswar Sen, Senior Vice President, Sales and Marketing, Honda Siel Cars India.