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Honda aims at 1 lakh car capacity by 2010

Friday, 14 Oct 2005
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Honda Siel Cars India has reiterated its plans of touching car production capacity of 1 lakh per year, by 2010.

The company currently has a production capacity of 30,000 cars per year at its Greater Noida plant. A Rs.150 crore expansion programme currently underway will take capacity to 50,000 units per year by mid-November 2005. The overall investment outlay is an estimated Rs.650 crore.

Honda recently introduced Honda City ZX with four variants. The company sells three basic models in India -- City, Accord and CR-V.

Also See:

Honda to invest Rs.650 crore by 2010 (21-Jul-05)

 

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