Honda Siel Cars India, one of the leading car manufacturers in India, has announced the appointment of M Takedagawa as the new President and Chief Executive Officer. Takedagawa has taken over from H Yamada, who has completed his three-year term as head of the Japanese automobile giant's Indian venture.
Yamada is moving to the Honda headquarters in Japan and would be responsible for Honda's operations in the Africa and Middle-East Region.
Takedagawa has been associated with Honda for over 25 years and has vast experience in the automobile industry across diverse markets. Apart from highly developed markets like the US and Europe, he also has significant experience in developing countries in Asia and Oceania region. Prior to his Indian assignment, Takedagawa was Global Head of Product Planning at Honda Motor Co., Japan.
Said Takedagawa, "This is my first stint in India and I am really excited about it, particularly the way the Indian automobile market has been growing. The company's performance last year has been really commendable, with each model performing brilliantly. This certainly is the result of Honda's global philosophy of providing highest levels of customer satisfaction. I would also endeavour to continue with the same focus in the coming years."
Yamada had been associated with Honda's automobile project in India right from the project feasibility assessment phase, even before the incorporation of Honda Siel Cars India Ltd. (HSCI). Under his leadership, the company grew to become one of the most successful automobile manufacturers in the fast evolving Indian car industry, with all the Honda brands - City, Accord and CR-V - doing well in the market.
Yamada said, "My tenure in India has been very exciting and rewarding and I have enjoyed every moment of my work here. I extend my best wishes to Takedagawa and all my colleagues in India."