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Honda Siel's capacity expansion plan

Our Bureau

New Delhi, May 18

Honda Siel Cars India (HSCI) will double its production capacity from the current 50,000 units to 100,000 units a year by the end of 2007, ahead of the original target of 2010.

Announcing Honda's global plans and initiatives towards 2010, the Honda Motor Company Ltd President and CEO, Mr Takeo Fukui, said at a press conference in Tokyo today that the production capacity of HSCI's plant (at Greater Noida) would be increased to 100,000 units three years ahead of the original schedule. Honda will also consider further expansion to accommodate future growth in customer demand, he said. The success of City ZX, launched in November last year, and the planned launch of the Civic this year has necessitated this second expansion exercise. HSCI had increased its production capacity from 30,000 units to 50,000 units in December last year.

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