Hmsi
Recent Highlights
All Stories for Hmsi
Honda management puts pay hike of about 1,900 employees on hold citing dip in revenue, slow demand for two-wheelers
Fp Staff •Last month, Honda had said it had commenced operations at its Manesar plant with permanent employees joining the work though the sacked contractual employees continued with their protest at the site.
Honda resumes work at Manesar plant with permanent staff; sacked contractual workers continue with protest
•Honda Motorcycle had suspended operations at the plant from the first week of November as workers protested for over a week against the retrenchment of their 200 contractual colleagues.
Honda suspends production at Manesar plant indefinitely; contract workers continue strike seeking compensation for sacked employees
Fp Staff •The contract workers are on protest at Honda's Manesar plant from 5 November after the company sacked about 650 contract workers over a period of 10 days.
Honda's Manesar plant employees observe tool-down strike to protest sacking of 400 contract workers
•HMSI Employee Union leaders alleged that the company has reduced the production of the facility by 50 percent and is in the process of retrenching more contractual workers.
Economic slowdown biggest reason for two-wheeler sales slump, BS-VI switch to increase challenges: HMSI
•Currently, the two-wheeler arm of Japan's Honda Motor Co has a total production capacity of 6.4 million units per annum and was targeting seven million by the mid of the next fiscal.
100 days of Modi 2.0: Economic slowdown fades sheen of govt in second term despite gains in Article 370, triple talaq issues
Fp Staff •The most shocking news in Modi 2.0 was the fall of growth rate in the first quarter of the current financial year at a time when the country was dreaming to become a $5-trillion economy.
Slowing demand in auto sector forces firms nearly 300 dealers to shut shop; Nissan, Hyundai worst hit
Fp Staff •Nissan, which plans to cut about 1,700 jobs in India, witnessed the highest number dealership shutdowns at 44 in the past 18 months while Hyundai had to close 39 retail outlets during the same period.
Auto sector job crisis: Honda lays off 700 contract workers at Manesar plant amid demand slump, production cuts
Fp Staff •A few workers who lost the job at HMSI had been working with the two-wheeler manufacture for the past about 10 years.
Migration to electric vehicles needs proper planning to ensure ecosystem readiness: Tata Sons chairman N Chandrasekaran
•Tata group firm Tata Motors is among the pioneers of electric vehicles in four wheeler segment in India.
Bajaj Auto set for foray into electric vehicles segment next year; e-scooter, quadricycle, 3-wheeler on anvil
•Bajaj Auto has already started exporting Qute to around 20 countries but has not been able to launch it in India due to regulatory hurdles.