Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has inaugurated the fourth assembly line at its landmark third two-wheeler plant at Narsapura (near Bengaluru, Karnataka) in India.

With this latest expansion of 0.6 million units, Honda India’s combined annual production capacity from all four plants is 6.4 million units annually – making India the No. 1 production hub for Honda’s two-wheeler operation globally for the first time.

Present at the line inauguration at Honda’s third plant in Karnataka were Mr. Shinji Aoyama, Chief Officer - Asia and Oceania Regional Operations, Honda Motor Co., Ltd., Mr. Minoru Kato, President & CEO – Honda Motorcycle & Scooter India Pvt. Ltd. and senior management officials from Honda.

Elaborating how Asia Oceania region contributes 60% to Honda’s global two-Wheeler, automotive and power product sales and how India is driving the growth, Mr. Shinji Aoyama, Chief Officer, Regional Operations (Asia & Oceania), Honda Motor Co., said,“Honda’s two-wheeler business spans more than 120 countries worldwide and India is leading the demand. In 2016-17, India alone contributed 28% to Honda’s global2Wheeler sales and became the No. 1 contributor to Honda’s two-wheeler business. The growing Indian 2Wheeler market is the top priority for Honda. To better meet dynamic market demand and to prepare for the future opportunities, today Honda has inaugurated the fourth assembly line in the Karnataka plant. With this, the Narsapura plant will now produce 24 lac two-wheelers annually. This makes the Narsapura the world’s largest two-wheeler plant for Honda and also India the No. 1 production base for Honda globally.”

Detailing on Honda’s growth trajectory in India & the trend of increasing demand for automatic scooters in the Indian market, Mr. Minoru Kato– President & CEO, Honda Motorcycle & Scooter India Pvt. Ltd. said,“In the first quarter of FY’2017-18, Honda Wheelers India aggressive growth led the industry momentum. Growing double the speed of industry at 19%, Honda alone contributed 68% to industry’s new volumes resulting in 3% market share gain to ever highest of 30%.While expanding leadership in scooter segment (59% market share), Honda is now also the new No. 2 motorcycle brand of India. The latest expansion further fortifies Honda’s ability to serve the market faster with its increased annual production capacity to 6.4 million units from all plants. In the long term, Honda 2Wheelers India’s steady and strategic investments will power our dreams to make India theExport hub worldwide.”

The new 4thassembly line adds another 0.6 million units capacity, increasing Honda’s third plant annual production capacity to 2.4 million units. This latest expansion increases Honda 2Wheelers India’s total annual production capacity to 6.4 million units from its four plants.

With the new capacity expansion, Honda 2Wheeler India has made two new global records. Firstly, the Narsapura plant is the now World’s Largest two-wheeler plant of Honda. Secondly, this expansion has made India the No. 1in two-wheeler production base for Honda worldwide.

Honda 2Wheelers cumulatively invests over INR 2,600 crore directly at its 3rd plant. 26 suppliers invest additional INR 2,800 crore and set up ancillary plants in Karnataka. Honda provides over 7,000 direct employment at its new 4th assembly line. Another 15,000 indirect employment opportunities ushered in by Honda’s suppliers.






Source:
Honda India