Honda Motorcycle & Scooter India to build new production line at its Narsapura plant
Honda Motorcycle & Scooter India (HMSI) is all set to play by volumes. If you've been following our stories on Honda's line-up for India this year, you'll know that there are 15 launches slotted for 2015. Out of these six have already hit showrooms the newbeing one of them.
And now propelling its volumes drive is HondaTwo-Wheeler's investment of Rs 585 crore in a new production line at its Narsapura plant in Karnataka. The facility that's been in operation since June 2013, currently has an annual manufacturing capacity of 18 lakh units. Now HMSI aims to bring that figure up to 24 lakh by the end of 2016. The new production line will thus add six lakh units to Honda's current turnout. The company plans to raise its total production in the country to 64 lakh units per year.
Keita Muramatsu, president and CEO, Honda Motorcycle & Scooter India Pvt Ltd said, "Honda is strengthening its Make in India resolve through steady and strategic investments with a long term objective of creating 39 per cent additional capacity within 3.5 years. We are planning to increase the number of associates in the plant by approximately 1,900. This investment will provide new opportunities for expansion of brand Honda in the largest two-wheeler market of the world."
Other than Narsapura, Honda Two-Wheelers has set up plants in Manesar (Gurgaon) and Tapukara (Rajasthan).
More from OVERDRIVE on Honda's 2015 line-up:
Up to 15 new two-wheelers form Honda's 2015 line-up for India
2015 Honda CB Unicorn 160 launched in India at Rs 69,350
Everything you wanted to know about the new Honda Unicorn 160
Analysis: Could the Honda CB Unicorn 160 replace the old Unicorn and the Trigger?
Honda Activa 3G launched in India at Rs 48,852
Also see: Motorcycles coming to India in 2015
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Starts Rs 93,593
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