Hi Sameer,
Hadoop is much more powerful in Big Data Scenarios and HANA is not going to replace Hadoop, HANA will use Hadoop as Data Source for faster analysis of data.
Check these blogs for more info:
http://www.saphana.com/docs/DOC-2934
http://www.saphana.com/community/blogs/blog/2012/08/27/solving-big-data-with-sap-hana-and-hadoop
For HANA and HAdoop Integration, Check the below two blogs by Mahesh:
http://scn.sap.com/community/developer-center/hana/blog/2013/05/20/sap-hana--hadoop-integration-1
http://scn.sap.com/community/developer-center/hana/blog/2013/05/20/sap-hana--hadoop-integration-2
Now with HANA SPS6 you can use Smart Data Access - and it enables you to access remote data as if they are local tables in HANA, without copying the data into SAP HANA.
To learn more check the below two notes:
Note 1868209 - SAP HANA Smart Data Access: Central Note
Note 1879294 - SAP HANA smart data access SP1
You can use Hive Interface to connect to Hadoop using Smart Data Access
To know more, check this blog once:
Check this to see more about Hadoop and Smart Data Access Integration:
http://www.sap.com/corporate-en/news.epx?PressID=20900
Regards,
Vivek