News From Honda Cars India

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Japanese auto maker Honda is expecting to roll out vehicles within the next 2-3 years from its second Indian facility at Tapukara, in Rajasthan, after being put on hold indefinitely due to the global slowdown of 2008, reports stated.

The company, which is present in India through a joint venture with the Siel Group, had opened its first facility at Noida and its second at Tapukara in 2008.

Reports quoted, Seki Inaba, Director Marketing, Honda Siel Cars India, as saying that, “Our first aim is to fully utilise the capacity of the Greater Noida facility and only after that we will consider starting assembly at Tapukara. I think we will be able to do that in the next 2-3 years.”

According to reports, HSCI had committed an investment of Rs. 10 bn to set up the facility at Tapukara with an installed capacity of 60,000 units per annum and in September 2008, had partially opened the plant to produce few parts for domestic and export markets.

In 2010, the company announced an additional investment of Rs. 2.5 bn on the Tapukara facility to expand the power train unit, primarily to cater to its upcoming small car ‘Brio’, reports added. 

“We have suffered this year due to the tsunami in Japan and had to cut our production by half for several months,” Inaba was further quoted as saying.

[Source:indiainfoline.com]

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