Page 51 - March_2022.indb

REPORT
SPOTLIGHT

Honda India Power Products Limited Major Milestones: About Honda India Power Products Limited:
Year Month Events HIPP is one of the first Japanese companies to enter the Indian
market in 1985 and thereby contribute to strengthen economic
1985 Sep Company incorporated
relations between India and Japan. Since inception, the
Manufacturing starts in Rudrapur,
1988 Feb company has been providing innovative, eco-friendly & best-in-
Uttarakhand with Portable Generators
class products to its customers across India in the field of power
Started export of HIPP manufactured
1989 Mar backup, agriculture & construction. As a conscious corporate, the
products
company has participated in community development programs
Started production of Kerosene Fueled
1991 Feb and helped create employment opportunities at its Greater Noida
Engines
factory. HIPP has regularly supported disaster relief operations across
Foray into agriculture sector with
1992 Feb various regions of India, including recently, extending assistance for
introduction of Portable Water Pumps
combating the Covid-19 pandemic.
Second manufacturing plant established in
1995 Sep
Puducherry Company name Honda India Power Products
Manufacturing consolidated at Greater Limited
2000 Dec
Noida Factory in Uttar Pradesh Shareholding Honda Motor Co., Ltd.: 66.7%,
HIPP reaches 1 million cumulative Public: 33.3%
2002 Jul
Production Established September 1985
HIPP reaches 2 million cumulative Capital INR 101.4 million
2009 Jun
Production Location Greater Noida, Uttar Pradesh
2013 Feb Started the production of GX Engines Takahiro Ueda – CMD, President
Representative
HIPP reaches 3 million cumulative & CEO
2013 Sep
Production Number of Employees Approx. 1,400
2016 Apr Started the production of Power Tiller F300 Portable Generators, Water
Main Production Models
HIPP reaches 4 million cumulative Pumps, Engines, Tillers
2018 Aug
Production Annual Production Capacity 350,000 units
2020 Sep HIPP celebrates 35th Anniversary
For more details visit:
2022 Feb Cumulative production cross 5 million units www.hondaindiapower.com
MARCH 2022|CONSTRUCTION OPPORTUNITIES 51