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Honda Bikes intend to be powered by auto components from India

Published On Jan 1, 2010 12:00 AM By Pallavi Tanejafor Honda Unicorn (2005)

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Honda bikes are now expected to be powered by auto components sourced from India. Honda Motor Company of Japan plans to buy two-wheelers auto components from Indian manufacturers to gain competitive advantage on price without compromising on quality. Auto manufacturers like Hyundai, Volkswagen, GM, Suzuki and others already source auto components from India to keep their pricing under control. Indian auto component manufacturers produce world-class components that already power four-wheelers in the country. Honda has two Indian subsidiaries, Honda Motorcycle and Scooters Limited and Hero Honda, which together sell around 5 million two-wheelers in India and hold nearly 40% of the market share in the country. Now Honda intends to make India as its global sourcing hub for its models across the globe. It will be new step from the company to gain competitive advantage in the two-wheelers segment. EKO bikes are the newly launched bikes in India.

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