HSCI to double production capacity by 2007 end
Mumbai, May 17(UNI) Honda Siel Cars India (HSCI) proposes to double its production capacity from the current 50,000 units per annum to 100,000 units by the end of 2007.
Announcing Honda's global plans and initiatives towards 2010, a press release quoting Honda Motor Company president and CEO Takeo Fukul said 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 accomodate future growth in customer demand, he said.
The success of ''City ZX'' launched in November last year and the planned launch of ''Civic'' this year necessitated this second expansion exercise. HSCI had increased its production capacity from 30,000 units to 50,000 in December last year.
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