Honda will speed up its production of motorcycles and triple sales in India for 5 million units annually within five years. To offset the expected decline in its market share, Honda is planning to increase the production of its subsidiary Honda Motorcycle and Scooter India Pyt, which is currently about 1,55 million units annually.
The second indian factory of the company Will Begin its operations in the state of Rajasthan, in the second half of 2011, and will raise the Indian capacity of production to 2.2 million units around 2012. The company also plans to build a third factory in the state of Andhra Pradesh.
The Honda’s total investment to increase their Indian production it is estimated in about 10 billion indian rupees, or around 2.3 billion sterling pounds. As a part of the expansion planning, they also wish to open new selling stores in regional cities and rural districts.
10/21/13 - The 5th India-Latin America & Caribbean Project Partnership Conclave (LAC): Explore. Experience. Engage. is being organized by the Confederation of Indian Industry (CII), under the auspices of the Ministry of Commerce & Industry and the Ministry of External Affairs, it's organized for 9-10 December, 2013 at Hotel Le Meridian, New Delhi.
06/28/13 - We are now happy to inform you that the preparations for the 2nd WORLD HYDRO POWER CONVENTION 2013 : The Complete Hydro Power Show scheduled for 5 – 6 September 2013, New Delhi, India are now in full swing. The Dual Theme for this Convention is ‘International Cooperation’ & ‘Multilateral Development for Harnessing India’s Hydro Power Potential’ (a copy of the ‘Brochure’ is enclosed for your kind perusal).» More events
11/26/13 - Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions, is recognized by Forbes as one of the most innovative companies in the world. TCS was the company of IT services with higher rankings that list, as well as the leading Indian Company. “Being in the top echelon of the list of most innovative [...]» More news