Honda Motor Company of Japan will make India its hub for designing and manufacturing low-end scooters. Subsequently, the arrangement will be extended to other two-wheelers.
As part of its expansion plan, Honda is doubling its manufacturing capacity in India from the existing 100,000 units to 200,000 units. It is also planning to invest an additional Rs 100 crore in its wholly-owned Indian subsidiary Honda Motorcycle & Scooter India (Pvt) Ltd during the current financial year, Motoo Suzuki, director (administration and finance), HMSI, told Business Standard. Honda has already pumped in Rs 200 crore into the subsidiary.
He also said that the company had sought the government