Honda India Power Products reaches 5-mn unit sales
HIPP is one of the first Japanese conglomerates to enter the Indian market in 1985.
cityairnews
Dec 16, 2020 06:04
0
Chandigarh: While completing 35-yr of its operations in India, the leading manufacturer of power products in country, Honda India Power Products Limited (HIPP) has reached 5-million unit sales in India and overseas.
HIPP launched its first product portable generator model EM650 in India. With a modest network of around 100 dealerships, the company has since launched a wide range of power products like portable water pumps, general purpose engines, power tillers, brush cutters & lawn mowers supported by a nationwide network of over 600 channel partners.
Company accumulated sales were reached to 1-mn and 4-mn units mark in 2003 and 2017 respectively . Having reached the 4 million mark in 2017. Thus 5-ml unit sales milestone was reached in 2020 within a short span of 3-yr. Apart from the Indian domestic market, HIPP products are exported to nearly 50 markets overseas including advanced countries like USA, Europe & Japan.
Takahiro Ueda, CMD, President & CEO, Honda India Power Products Limited said, “It has been an incredible journey and we will continue to offer the latest technology that delivers unmatched value to our customers.”
HIPP is one of the first Japanese conglomerates to enter the Indian market in 1985.
