Honda planning to setup new 2-wheeler plant in India by 2020

TusharK · 11th April 2018, 18:03

Honda Motorcycle and Scooter India (HMSI) is planning to setup a new manufacturing plant in India by 2020. Minoru Kato, President and CEO of HMSI told the media that the company is currently in talks with Honda headquarters in Japan and is awaiting approval for the same.

Honda planning to setup new 2-wheeler plant in India by 2020-honda.jpg

HMSI has also announced that it plans to invest Rs. 800 crore in FY2019. The fresh investment will enable the company to launch new products in the Indian market and will also help modernize its existing manufacturing facilities. The 2-wheeler maker currently has units in Gurgaon in Haryana, Tapukara in Rajasthan, Narasapura in Karnataka and Vithalapur in Gujarat with a combined annual capacity of 64 lakh units.

HMSI has already produced 61 lakh units in FY2018 and is expecting double-digit growth by the end of the current fiscal. This could lead to capacity constraints and hence the 2-wheeler maker plans to work on increasing capacity of its existing plants as well. However, a final decision on capacity expansion would depend on the market scenario once BS-VI norms come into force from April 2020.

Source: ET Auto

Link to Team-BHP News

ani_meher · 11th April 2018, 19:21

After giving us the highly awaited CBR250 (after years of having the same bike and not unnecessarily bringing the undeserved CBR300 as an upgrade), all bikers are eagerly looking for Activa 7/8/9G for auto expo 2020! Good to know it can be manufactured at a higher rate! /S

GTO · 12th April 2018, 08:50

Also important to note that India is now the no.1 market by volume for Honda 2-wheelers

(just like India is the largest car market for Suzuki).

timuseravan · 12th April 2018, 09:38

Quote:

Originally Posted by ani_meher

After giving us the highly awaited CBR250 (after years of having the same bike and not unnecessarily bringing the undeserved CBR300 as an upgrade), all bikers are eagerly looking for Activa 7/8/9G for auto expo 2020! Good to know it can be manufactured at a higher rate! /S

I have also read rumors that 90% of the new manufacturing plant will be the paint shop!
It will surely help Honda launch new products like XXX Blade, Super Duper Hornet++, Mirror Shine Egztreme and Nightmare Yuga New Neo!!

11th April 2018, 18:03	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,265 Thanked: 55,805 Times	Honda planning to setup new 2-wheeler plant in India by 2020 Honda Motorcycle and Scooter India (HMSI) is planning to setup a new manufacturing plant in India by 2020. Minoru Kato, President and CEO of HMSI told the media that the company is currently in talks with Honda headquarters in Japan and is awaiting approval for the same. HMSI has also announced that it plans to invest Rs. 800 crore in FY2019. The fresh investment will enable the company to launch new products in the Indian market and will also help modernize its existing manufacturing facilities. The 2-wheeler maker currently has units in Gurgaon in Haryana, Tapukara in Rajasthan, Narasapura in Karnataka and Vithalapur in Gujarat with a combined annual capacity of 64 lakh units. HMSI has already produced 61 lakh units in FY2018 and is expecting double-digit growth by the end of the current fiscal. This could lead to capacity constraints and hence the 2-wheeler maker plans to work on increasing capacity of its existing plants as well. However, a final decision on capacity expansion would depend on the market scenario once BS-VI norms come into force from April 2020. Source: ET Auto Link to Team-BHP News
	(4) Thanks

11th April 2018, 19:21	#2
ani_meher Senior - BHPian Join Date: Oct 2008 Location: Pune Posts: 1,931 Thanked: 3,825 Times	Re: Honda planning to setup new 2-wheeler plant in India by 2020 After giving us the highly awaited CBR250 (after years of having the same bike and not unnecessarily bringing the undeserved CBR300 as an upgrade), all bikers are eagerly looking for Activa 7/8/9G for auto expo 2020! Good to know it can be manufactured at a higher rate! /S
	(3) Thanks

12th April 2018, 08:50	#3
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,529 Thanked: 300,724 Times View My Garage	Re: Honda planning to setup new 2-wheeler plant in India by 2020 Also important to note that India is now the no.1 market by volume for Honda 2-wheelers (just like India is the largest car market for Suzuki).
	(2) Thanks