According to media reports, Honda is planning to relocate its Indian assembly plant to Indonesia. This was revealed by the country's minister of industry Agus Gumiwang.
Why Honda pulled out the Civic, CR-V models from India and shut its Greater Noida plant
The combination of lower efficiency at the Greater Noida plant and poor sales of the Civic and CR-V meant that Honda had very little options to work with December 25, 2020 / 05:26 PM IST
After Honda decided to shut one of the two plants and stopped producing the Civic and CR-V, market watchers raised speculations if the Japanese company would be the next to lose hope on the 3 million-a-year passenger car sales market in India.
But the combination of lower efficiency at the Greater Noida plant and poor sales of the Civic and CR-V meant that Honda had very less number of options to work with. In fact, it was ‘live today fight tomorrow’ scenario for the sixth largest car maker of India.