Honda opens new two-wheeler plant in Karnataka
Honda Motorcycle & Scooter India has inaugurated its new two-wheeler production plant in Narsapura, Karnataka. Honda's third two-wheeler plant in India is spread across 96 acres and employs around 4500 people with a total investment estimated to be Rs 1350 crore. Operations commence in this plant from June and initially production capacity is aimed to be around the 12 lakh units' mark. By the end of this fiscal year, Honda aims to increase capacity by an additional six lakh units, taking the tally to 18 lakh overall. The 110cc Dream Yuga will be the first motorcycle which will be manufactured at Narsapura followed by the Activa scooter. With the plants in Tapukara and Manesar contributing to the overall numbers in addition to the new one at Narsapura, Honda expects its cumulative annual production capacity to increase by 64 per cent.
Elaborating on HMSI's plans, Keita Muramatsu president & CEO, Honda Motorcycle & Scooter India Pvt. Ltd. said, "We are thankful to the Government of Karnataka for providing Honda an opportunity to invest and expand the brand in the State. With the inauguration of our 3rd plant which is 2,200 km from the two existing plants in North region, Honda aims to deliver high quality and advanced two-wheeler products of low CO2 emissions to the customers faster in the South region. The expanded production capacity will be further supported by aggressive growth in network to 2500 outlets and rapid new product introduction as we aim for market leadership."
