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Honda Motorcycle to invest in capacity expansion

Tuesday, 03 Sep 2013
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Two-wheeler maker, Honda Motorcycle and Scooter India (HMSI), is planning to invest around Rs 490 crore during the current fiscal.

 

The company will make investments to raise its production capacity from four million units to 4.6 million units per annum. Also, the company will add 600,000 units per annum at the Narsapura plant near Bangalore, which now makes 1.2 million units per annum.

 

So far, HMSI has invested around Rs 1,700 crore on the Narsapura plant, and for capacity expansion, it will invest another Rs 490 crore by the end of March 2014.

 

The company has two other plants at Tapukara in Rajasthan, Manesar in Gurgaon and Narsapura, near Bangalore in India. The third or the Karnataka plant started production from May 2013.

 
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