Honda Siel Cars India is mulling over setting up a new plant in order to
boost capacity.
The company is likely to unveil its new small car in the Indian market in
October 2010. The car will be manufactured from the company's Greater Noida
plant in Uttar Pradesh. Honda Siel is capable of expanding the capacity of the
plant from 60,000 to 1,00,000 units a year. However, a decision on whether to
add capacity at the existing plant or set up a new plant will be taken after
looking at the response for the small car.
Also See:
Honda
Siel Cars plans additional investment for Rajasthan plant (28-Jul-10)