HSCI to double capacity to 100,000 units by next year

May 17, 2006 New Delhi

New Delhi, May 17: Honda Siel Cars India (HSCI) will double its production capacity from the current 50,000 units per annum to 100,000 units by the end of 2007, putting its expansion plans on a fast track.

Announcing Honda’s global plans and initiatives towards 2010, 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 in December last year.

Honda is one of the most successful automobile brands in India. Each of its current models is performing extremely well and the company is working towards further consolidating its leadership in the respective segments.