This subsidiary of Honda Motor Company Japan is the undisputed leader in the power products industry in the country. HSPP is into manufacturing and marketing a range of portable generator, water pump and general purpose engine at its state of-art manufacturing facilities at Rudrapur, Puducherry and Greater Noida. HSPP also markets lawnmowers, brush cutter, long tailed outboard motors and power tillers. HSPP operates through a strong network of distributors and dealers across the country, which acts like economic moats for the company. It also uses India as a base for its exports to over 25 countries in Africa, Europe, South America and Asia.
Stock Pick: Honda Siel Power Products
This subsidiary of Honda Motor Company Japan is the undisputed leader in the power products industry in the country
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