Honda Cars India (HCIL) is planning to increase the supply of components from India to its various international operations. In the current financial year, the company is aiming at around Rs 1,400-1,500 crore worth of components to export. Honda’s exports of auto components from India has been gradually increasing over the last few years. In 2013-14, its component exports had a turnover of Rs 420 crore, which increased to Rs 722 crore in 2014-15 and to Rs 1,000 crore in 2015-16.
The company ships engine parts, forgings and transmissions among others from its facility in Tapukara, Rajasthan to a host of global operations including Japan, Thailand, Malaysia, Indonesia, Philippines, Taiwan, Vietnam, UK, Turkey, Brazil and Mexico.
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