Honda upping motorcycle production capacity in India 150% to 4M units per year by 1H 2013
27 May 2011
Honda Motorcycle & Scooter India (Pvt.) Ltd. (HMSI), Honda’s wholly-owned motorcycle production and sales subsidiary in India, will increase its motorcycle production capacity in India by 150% to 4 million units a year from the current 1.6 million units.
The company will double the production capacity of its second motorcycle production plant, which is currently under construction, and build a third motorcycle production plant to meet increasing demand in the rapidly growing motorcycle market in India.
The second plant is currently being built in the Tapukara Industrial Area of Rajasthan, which is approximately 90 km from the center of Delhi, and is scheduled to become operational in July 2011 with annual production capacity of 600,000 units. HMSI decided to double the annual production capacity of this plant to 1.2 million units in March 2012.
The third plant will be built in the Bangalore area in the southern part of India. The third plant is scheduled to become operational in the first half of 2013, with annual production capacity of 1.2 million units.
This capacity expansion plan will increase HMSI’s total annual production capacity to 4 million units, including 1.6 million units at the first plant, 1.2 million units at the second plant and 1.2 million units at the third plant, preparing HMSI for further and rapid growth of the market.
India represents the world’s second largest motorcycle market behind only China, and industry-wide motorcycle sales in India for 2010 reached 11.32 million units (up 30% compared to 2009). HMSI was established as a wholly-owned motorcycle production and sales subsidiary of Honda in 1999 and began production in 2001. HMSI’s sales have grown steadily with 2010 sales of approximately 1.526 million units (up 40% compared to 2009) achieving a record high for ten consecutive years.
"HMSI’s sales have grown steadily with 2010 sales of approximately 1.526 million units (up 40% compared to 2009) achieving a record high for ten consecutive years."
Posted by: kelly | 27 May 2011 at 05:41 AM
This is all part of getting around, there are more ways of getting from point A to B than hopping in an big SUV. It is a world oil market and less demand makes it less tight, until OPEC takes more production off the market.
Posted by: SJC | 27 May 2011 at 06:41 AM