Honda plans to make India its export hub for manual transmissions.
The Economic Times said plans to use its Rajasthan unit to supply manual transmissions to emerging markets across Asia and Latin America.
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Yoshiyuki Matsumoto, managing officer of Honda and representative of development, purchasing and production in Asia and Oceania Region, said: “Honda has businesses across the globe and we are looking at export of critical parts from India. Going ahead, we plan India as one of the major bases to ship manual transmissions for different class of passenger vehicles across different markets which would help us develop and leverage a long-term competitive sourcing base out of India.”
Amit Kaushik, principal analyst (autos) for IHS Automotive, said, “Honda seems to be tempted towards India’s emerging capabilities in terms of product development and cost competitiveness.”
