Honda's small car to have 80% localisation
New Delhi: Japanese auto major Honda on Monday said its small car, scheduled for launch in 2011, will have around 80 per cent components made in the country.
The company also said it expects the small car to sell as many as its best selling model 'City'
"Our new small car, to be launched in 2011, will have a rate of around 80 per cent in localisation of components," Honda Siel Cars India Director (Marketing) Tatsuya Natsume told reporters during the 10th Auto Expo here.
The company had unveiled the concept of the small car on
the first day of the Expo. The car will be rolled out from the
company's plant in Greater Noida.
>"We expect the small car to be as popular as the City and
are all geared up to meet the demand once it is launched,"
The company is also looking to increase the use of local
components of its existing models in India to around the same