Synopsis
The company already had a major crunch in terms of market penetration and was operating only in the 70% of the market segment; with this it will further go down. Eventually, the company will have only four models in India - City, WR-V, Amaze and Jazz.
ET Bureau
DELHI: Japanese carmaker Honda Cars India (HCIL) on Wednesday said that it is consolidating operations in India to make it efficient and sustainable as its product line up shrinks to four models.
Confirming the ETAuto news break, Rajesh Goel, senior VP and director, HCIL said, “We are consolidating our all production to Tapukara plant and will stop production at the Greater Noida plant.”