Honda Motorcycle to invest Rs 300 cr for expansion

New Delhi, Dec 24 (UNI) Honda Motorcycle and Scooter India (HMSI) today said it will invest about Rs 300 crore to expand its business over the next three years.

The funds will be used to upgradate the company's Manesar plant, besides, investing in the research and development for new models, and capacity augmentation.

The company will also unveil a premium segment scooter in the upcoming Auto Expo.

UNI