Honda Cars India Limited is all set to launch new cars on Brio platfrom from its Tapukara manufacturing plant in Rajasthan next month. This has been done to increase the annual production capacity to 240,000 units in 2014.
Yoshiyuki Matsumoto, Honda Motor's managing officer and representative of development, purchasing and production for Asia & Oceania said, "We have plans to start the second plant in the ongoing fourth quarter of this fiscal. As a company offering a wide range of products and venturing into several new segments, we plan to expand the Brio platform from the new plant with its current and new derivatives line-up likely to be rolled out."
Moreover, the company is also planning to launch Mobilio MPV in India which will give a tough competition to the Maruti Suzuki Ertiga and Nissan Evalia.
Apart from this, Honda plans to invest Rs 2,500 crore to built a new assembly line for cars and new diesel engines which will give employment to 2,200 jobs. This plant produces engine components and transmission parts for the domestic and international markets.
The Tapukara plant will start the production in February and Honda's plant at Greater Noida will produce the City, the next generation Accord and the Brio.