Honda Motorcycle & Scooter India Pvt. Ltd., the 100% subsidiary of Honda Motor Company, Japan will expand the annual production capacity of its third 2-wheeler production plant, which is currently under operation. This plant is located at Narsapura near Bengaluru in Karnataka. It started operations in June 2013 with an annual production capacity of 1.8 million units.
For expansion, Honda 2-wheeler’s will additionally invest approximately Rs 585 crore and build a new production line within the existing plant site. The new production line will add 600,000 units and increase the total annual production capacity of the plant to 2.4 million units before the end of 2016. Combined with the additional capacity of the upcoming 4th plant, which is scheduled to become operational in the first half of 2016, this expansion will increase HMSI’s overall annual production capacity to 6.4 million units.
Elaborating on this milestone, Mr. Keita Muramatsu, President & CEO – Honda Motorcycle & Scooter India Pvt. Ltd. said, “Honda is strengthening its ‘Make in India’ resolve through steady and strategic investments with a long term objective of creating 39% additional capacity within 3.5 years. We are planning to increase the number of associates in the plant by approximately 1,900. This investment will provide new opportunities for expansion of brand Honda in the largest 2-wheeler market of the world.”