The Japanese auto giant Honda Motors has said that it is focusing to develop new diesel engine to tap the increased demand for diesel run cars in the Indian market. With continuously rising petrol prices in the country, a considerable number of buyers are shifting towards diesel run cars. Besides developing new diesel engines, Honda is also developing new compact cars to capitalize on the high growth potential in the Indian auto market.
In a recent statement given to PTI, Yasuhisa Arai, R&D Co (Automobile R&D Center) Managing Officer, Chief Officer (Development Operations) at Honda Motors, said, "We are aware of the petrol price increase in India but we consider that as a sign of growth in the Indian market, definitely we are currently developing diesel engine cars." He added that the Indian market is asking for more diesel engine cars and the company is fully aware of that. He was speaking at the sidelines of Tokyo Motor Show in the Japanese Capital.
While further elaborating the Honda’s point of view for the Indian market, Mr. Arai said, "At this point Japan, US and China are the three biggest markets (for Honda). In my opinion India is the top growth market and I believe India will soon overtake China. Definitely India will be our emphasis."
Meanwhile, the company has showcase new automobile engines blessed with advanced fuel efficient 'Earth Dreams Technology’.
