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Honda Motor Co Ltd To Increase Output Capacity By 30% In India-Business Standard

Tuesday, 3 Sep 2013 08:07pm EDT 

Business Standard reported that according the Nikkei report Honda Motor Co Ltd plans to increase its motorcycle production capacity in India by 30% by 2016, aiming to catch up with market and former joint venture partner Hero MotoCorp Ltd. The business daily said that The Company will build a fourth plant, likely to be in the western state of Gujarat, at a cost of about JYP20 billion. Honda's output capacity in India will rise by 1.2 million to 5.8 million units once the plant starts producing. 

Company Quote

5 May 2015