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Honda Motor Scooters India, a wholly owned Indian two-wheeler subsidiary of the Japanese auto major, in India has announced expansion plans. The two-wheeler maker plans to invest about Rs 400 crore over the next three years for capacity expansion and product development. HMSI plans to enhance its capacity by 33 per cent to 12 lakh units in two-three years. HMSI hopes to increase the share of motorcycles in its product mix and bring it on a par with scooters at the end of three years. The company also plans to launch variants of its two-wheeler models this fiscal.

Alagappan Arunachalam

More Stories on : Two/Three Wheelers | Outlook

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