New Delhi February 25, 2008
Honda Siel Cars India today inaugurated a new manufacturing facility at Greater Noida increasing its capacity from 50,000 to 100,000 units per annum.
Masahiro Takedagawa, chief executive, Honda Siel Cars India, said the capacity can be ramped up by 16,000 units in 2009.
The company has invested Rs 1,620 crore for the Greater Noida manufacturing facility.
Honda's Civic hybrid will also roll out in a couple of months, a company official said. The company?s small car, a petrol version, will be launched in 2009.
Honda's Rajasthan plant will be operational in the last quarter of 2009. It will ramp up its total capacity to 200,000-240,000 units in India. The company will initially invest Rs 1,000 crore in Rajasthan, which is likely to go up to Rs 3,000 crore.
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