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Honda Cars to close FY18 with 17% volume growth

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Chennai, Nov 21 (IANS) Car maker Honda Cars India Ltd hopes to close this fiscal with 17 per cent growth in volumes sales and will launch six models over the next three years, said a senior official.

“Between April and October 2017, we sold 105,503 units logging l7 per cent volume growth. We hope to retain the same growth percentage for the whole year,” Jnaneswar Sen, Senior Vice President-Marketing and Sales, told reporters here.

Last fiscal, Honda Cars India sold around 157,000 units.

According to Sen, the company would also launch six models – upgrading existing models and new ones – over the next three years.

He said the company will expand its distribution network to 360 outlets from the current 348 by the end of this fiscal.

Sen added that India had become the leading car market for Honda in the Asia Oceania region -excluding Japan and China – in 2017.

According to him, Honda Cars India exports a good volume of components and engines out of India to 16 countries.

“Last fiscal we exported Rs 1,140 crore worth of automobile components like crank shafts, forgings, manual transmissions and others.”

Sen said the company had started exports of 1.6 litre diesel engines to Thailand from its Rajasthan plant.

“Our car exports are small. Around 5,000 units a year,” Sen said.

Sen said the company’s two plants – one in Greater Nodia in Uttar Pradesh and the other in Tapukara in Rajasthan – with a total capacity of 240,000 units per annum had a capacity utilisation of around 77 per cent.

Speaking of the company’s Amaze model sales, Sen said it was slowing down as the entry level sedan segment itself was on the decline.

–IANS
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Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok

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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.

The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.

Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.

Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.

For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.

During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.

Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.

Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .

Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.

In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.

During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.

In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.

He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.

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