Honda rolls out first hybrid in India
Japanese car major Honda on Wednesday launched its first hybrid car in India, Civic Hybrid, priced at Rs 21.5 lakh. Masahiro Takedagawa, president and CEO of Honda Siel Cars India told reporters, the high price tag was partially due to the 104 per cent customs duty on the vehicle. The company is importing Civic Hybrid from Japan as a completely built unit. Takedagawa said they have approached the government through SIAM to clip the import duty.