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Honda India to double its production in 2014

Snapshot: Honda Cars India Ltd to double its annual production capacity to 2,40,000 units in 2014

Honda Cars India Ltd. (HCIL) recently revealed its plans to invest INR 2,500 crores in the Tapukara facility to build a new car assembly line for increased production. Along with the assembly line, the company also plans to set up a new line for the production of diesel engine components and a new forging unit. With all this, the company expects to double its annual capacity up to 2,40,000 units in the future. And also expects to generate more than 2,000 jobs when the production starts. 

"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," said Yoshiyuki Matsumoto, Honda Motor's managing officer and representative of development, purchasing and production for Asia & Oceania.

 

HCIL's Tapukara plant currently manufactures- Brio hatchback and the Amaze compact sedan. Along with these two, HCIL will also produce the upcoming Mobilio MPV here. Mobilio MPV will compete with Maruti Suzuki Ertiga and Nissan Evalia after its arrival in the Indian market. 
 
Honda India has been on an aggressive drive to consolidate its operations in India after the shear success of its compact sedan, Amaze which carries company's all-new 'Earth Dreams' diesel engine. Last year, HCIL sold 57,000 units of cars and the Amaze accounted for more than half of the total units. 

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