Honda Motorcycle to invest Rs 600 cr in Karnataka plant – Feedback

Honda Motorcycle & Scooter India (HMSIL) is planning to add a new line at its Karnataka facility with an investment of around Rs 600 crore. The new line can produce another 600,000 units to the existing 1.8 million units.

Meanwhile, the two-wheeler major has said it will double its new two-wheeler Navi’s production capacity. Besides, it is also planning to launch at least 10-15 products during the current financial year. Yadvinder Singh Guleria, operating head – sales and marketing, senior vice president, HMSIL said across the four plants – Haryana, Rajasthan, Karnataka and Gujarat – the company’s cumulative annual production capacity is around 5.4 million units. HMSIL will also start production in Gujarat by end of this month, which will take company’s total capacity to 5.8 million units by end of FY17.

http://www.business-standard.com/article/companies/honda-motorcycle-to-invest-rs-600-cr-in-karnataka-plant-116062300044_1.html

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