Honda appoints Takashi Nagai as new India head, Takedagawa moves to Canada

22 Feb 2010

Honda Siel Cars India Ltd. (HSCI), today announced tha appontment of Takashi Nagai as the fourth president and CEO, with effect from 1 April 2010. He takes over from Masahiro Takedagawa who is moving to Honda Canada Inc. as president and director, after a five-year stint as president and CEO since April 2005.

Nagai is currently the executive vice president of Asian Honda Motor Co. Ltd. Thailand.

During the five years of Takedagawa's leadership, HSCI witnessed rapid expansion from a production capacity of 30,000 units per annum in 2005 to 100,000 units per annum in 2008 and commensurate increase in dealership network from 52 facilities in 41 cities in March 2005 to the current 117 facilities in 70 cities, along wiyth a more thandoubling of the sales turnover from earlier Rs2,100 crore in 2004 - 05.

Within a year of his appointment as the head of Honda's car operations in India, he was assigned charge as the head of Honda's overall operations in the entire South West Asia region. 

Also under Takedagawa's leadership, the company introduced its world best seller Honda Civic and Japan's best seller Honda Jazz apart from the launch of latest generation of City, Accord and CR-V. The formation of Honda Motor India for strengthening and integrating spare parts operations of Honda companies in India was an outcome of Takedagawa's guidance, based on the belief that the customer should be provided with swift delivery of spare parts for enhanced customer satisfaction.

Takedagawa enabled the company to set up its second manufacturing facility in Tapukara, Rajasthan, where new manufacturing processes including setting up of press shop and powertrain shop enabled HSCI to localize critical components for its models.

Takedagawa has been associated with Honda Motor Co. for over 30, since 1979. He has vast experience in the automobile industry, having worked with Honda ventures in different markets, across the globe including the US, Japan, Thailand and Italy.