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Honda Motorcycle & Scooter India, Pvt. Ltd., abbreviated as HMSI, is the wholly owned Indian subsidiary of Honda Motor Company, Limited, Japan. [4] Founded in 1999, [ 4 ] it was the fourth Honda automotive venture in India, after Kinetic Honda Motor Ltd (1984–1998), Hero Honda (1984–2011) and Honda Siel Cars India (1995–2012). [ 5 ]
The company was established in 1995 as a joint venture called Honda Siel Cars India (HSCI). The company was renamed to HCIL in September 2012 following the sale of 3.16 percent stake owned by Usha International, making it a 100 percent subsidiary of Honda Motor Co. Ltd. [ 3 ] [ 4 ]
Honda, wanting to focus only on its independent fully owned two-wheeler subsidiary, Honda Motorcycle and Scooter India (HMSI), exited Hero Honda at a discount and get over ₹ 6,400 crore (equivalent to ₹ 140 billion or US$1.7 billion in 2023) for its stake. The discount was between 30% and 50% to the current value of Honda's stake as per the ...
It is the only Honda SUV available in India at the time of its introduction, following the decommissioning of the first-generation WR-V. [7] According to Honda, the boot space is rated at 458 litres (16.2 cu ft). Its ground clearance is claimed at 220 mm (8.7 in), and the turning radius is 5.2 m (17.1 ft).
Exhaust Sound of Honda Activa. The Honda Activa is a motor scooter made by Honda Motorcycle and Scooter India (HMSI). It was launched in India in May 1999. Production in Mexico began in 2004. [2] It is a 109/125 cc, 7 bhp (5.2 kW) scooter. The vehicle has the option of kick- and self-start.
India's automobile industry is currently the sixth largest in the world -- but IHS Automotive expects India to become the third-largest automobile market by 2016. The Indian auto industry is ...
The Honda Dio is an Indian scooter manufactured by Honda Motorcycle and Scooter India. It is being built at the plant in Narsapura, Karnataka. It was introduced in 2001 and has crossed 30 lakh sales milestone in 2019. [1] Aside from the domestic market, the Dio is exported to Nepal, Bangladesh, Sri Lanka, Latin America and Malaysia.
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