Honda India Power Products Ltd. reaches 5 Million unit sales milestone in 2020

Celebrates 35 years of bringing smiles to customers

Leading manufacturer of Generators, Agriculture implements & Engines for various equipment

Mumbai, 16^th December 2020 : Honda India Power Products Limited (HIPP), a leading manufacturer of power products in India, has completed 35 glorious years of its operations in the country. During the course of this memorable journey, HIPP has brought smiles to over 5 million customers in India and overseas. The company has been a trusted partner in progress for its valued customers in line with its vision of “Empower People, to do Better”.

HIPP launched its first product namely 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. Accumulated sales reached the 1 Mn unit mark in 2003. Having reached the 4 million mark in 2017, the 5-Million-unit sales milestone was reached in 2020, i.e., within a short span of 3 years. 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, “We are proud to have crossed the 5 million milestone in the same year of completing 35 years of committed service to our customers. The trust bestowed upon us by our valued customers inspires us to continuously innovate and provide products of highest quality at an appropriate price. 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 and thereby contribute to strengthen economic relations between India & Japan. Since inception, the company has been providing innovative, eco-friendly & best-in-class products to its customers across India in the field of power backup, agriculture & construction.

As a conscious corporate, the company has participated in community development programs & helped create employment opportunities at its Greater Noida factory.HIPP has regularly supported disaster relief operations across various regions of India, including recently, extending assistance for combating the Covid-19 pandemic.

About Honda India Power Products Limited

Honda India Power Products Limited (HIPP), was incorporated on 19th September 1985 with a commitment to provide high quality power products to customers in India and overseas. Ever since, it has been the undisputed leader in the power products industry, manufacturing and marketing a range of Portable Generators, Water Pumps, Power Tillers and General Purpose Engines from its state-of-the-art manufacturing facility at Greater Noida. It is also engaged in the marketing of Lawn Mowers, Brush Cutters and Long-tail outboard engines for the Indian market.

Annexure:

Honda India Power Products Ltd.35-year milestones:

Year	Month	Events
1985	Sep	HIPP incorporatedas a JV
1988	Feb	Manufacturing startsin Rudrapur, Uttarakhandwith Portable Generators
1989	Mar	Export operations commence
1991	Feb	Started production of Kerosene Fueled Engines
1992	Feb	Foray into agriculture sector with introduction of Portable Water Pumps
1995	Sep	Second manufacturing plant established in Puducherry
2000	Dec	Manufacturing consolidated at Greater Noida Factory in Uttar Pradesh
2003	Nov	HIPP reaches 1 million cumulative sales (Domestic + Export)
2007	Jul	Launch of 4 Stroke Brush Cutter
2009	Apr	HIPP reaches 2 million cumulative sales (Domestic + Export)
2011	Jan	Power Tiller sales start
	Dec	Advanced Inverter Generator series sales started
2013	Feb	Started the production of GX Engines
2013	Apr	HIPP reaches 3 million cumulative sales (Domestic Sep 35th Anniversary  + Export)
2015	Apr	Started the production of Power Tiller F300
2017	May	HIPP reaches 4 million cumulative sales (Domestic + Export)
2019	Nov	Ended the productionof Kerosene Fueled models
2020	Mar	Expiration of JV
	Dec	Cumulative sales cross 5 million units (Domestic + Export)