Honda India plans to expand capacity to meet the company’s annual 20 percent increase in demand, a Honda official said today. However, he gave no details on the investment or the additional capacity.
"We are doing an internal study on a second plant," said Shinji Aoyama, president and chief executive of Honda Motorcycle & Scooter India Pvt, which will reach its full capacity of 1.5 million units in 2010-2011.
"We cannot let our sales stagnate, we will take a decision soon,&q… (read more)