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About Honda India Power Products

Honda Siel Power Products was incorporated in Sep.'85 as a joint venture, earlier it is called Shriram Honda Power, was promoted by Honda Motor Co, Japan, and Shriram Industrial Enterprises. Honda Motor, Japan, holds a 66.67% stake in the company. In 1998-99, it changed its name to Honda Siel Power Products. Its works is situated in Rudrapur (Uttaranchal), Pondicherry and at Greater Noida. The company manufactures and markets portable generating (PG) sets (inst. cap.: 1,75,000 pa), general purpose engines and water pumps at its plant in the Udham Singh Nagar district of Uttar Pradesh. It also has set up a plant at Pondicherry, commercial production at which commenced in Sep.'95. In 1991-92, the company took up a major indigenisation programme to set up in-house machining facilities for crankshafts rotorshafts. In Jul.'93, it received the ISO 9001 certification from RWTUV, Germany, for quality assurance systems in the design, manufacture, installation and after-sales service of its products. It achieved the Export House status in Sep.'94. The company sells its products to customers and institutions through regional offices and dealers. At present, it exports to over 25 countries in Africa, Europe, South America and Asia. In June, 2000, the company commenced the in-house manufacture of flywheel required for Gensets, GP Engines and water pumping sets. The Company has set up a Pressure Die-Casting plant in Greater Noida, U.P, at a capital outlay of 7.80 crores. The Commercial production commenced in December 2000. The Company has drawn plans to take up ERP (IT Project) for all its functions across the company in a phased manner.

Parent Organisation
MNC Associate
Managing Director
Shigeki Iwama
Founded
1985
NSE Symbol
HONDAPOWER

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Honda Siel Power Products Ltd FAQs

Honda Siel Power Products Ltd (HONDAPOWER) share price as of July 15, 2024, on NSE is Rs 4084.05 (NSE) and Rs 4084.05 (BSE) on BSE.
Yes, You can buy Honda Siel Power Products Ltd (HONDAPOWER) shares by opening a Demat account with Angel One.
Honda Siel Power Products Ltd (HONDAPOWER) share can be bought through the following modes:
1. Direct investment: You can buy Honda Siel Power Products Ltd (HONDAPOWER) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Honda Siel Power Products Ltd (HONDAPOWER) shares.
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