Honda Motorcycle & Scooter India (Pvt.) Ltd. (HMSI), a fully owned subsidiary of Honda that produces 2 wheelers in the country has inaugurated their 3rd 2-wheeler plant to aid in production of more 2 wheelers due to increasing demand and the rapidly growing bike market in India.
The area allotted would spread 3,50,000 sq meters and is situated at Narsapura in Karnataka, around 52 kilometres from Bangalore. The plant would be fully operational in the beginning 6 months of 2013 and aims at producing 1.2 million 2 wheelers annually. The plant would employ 3000 people and the total investment put into it would be Rs. 10 billion.
India is the world’s second largest motorcycle market after China. Industry-wide two-wheeler sales in India reached 11.32 million units in 2010 (up 30% compared to 2009). HMSI was established as a wholly owned motorcycle production & sales subsidiary of Honda in 1999 and began production in 2001. HMSI’s sales have grown steadily with 2010 sales approximating 1.526 million units (up 40% from 2009) achieving a record high for ten consecutive years.
In order to fulfil the diversifying needs of customers in the growing market of India, HMSI has a current product line-up of three automatic scooters (Activa, Dio & Aviator) and six motorcycles (CB Twister, CBF Stunner, CB Shine, CB Unicorn, CB Unicorn Dazzler & CBR 250R). HMSI will continue fulfilling the expectations of its customers by enhancing its product lineup and expanding the production capacity.
HMSI would be incorporating technologies used at Tapukara and Manesar plants in hopes of improving ergonomics and utilizing advanced automation that aims at reducing the burden on workers at the 3rd plant.
Also see – Honda Motorcycles plans 3rd plant in Karnataka