Honda to invest ₹920 crore to set up fourth assembly line at it’s factory in India

Kaumi GazetteBusiness22 May, 20258.2K Views

Honda high executives and Gujarat Chief Minister Bhupendra Patel with the five hundred millionth Honda two-wheeler produced globally up to now since 1949.
| Photo Credit: Special association

Honda Motorcycle & Scooter India Private Limited (HMSI), Honda’s bike manufacturing and gross sales subsidiary in India, has introduced to construct a fourth manufacturing line at its fourth plant at Vithalapur in the Ahmedabad district of Gujarat, at an funding of ₹920 crore. 

“The new line slated for production in 2028 will have an annual production capacity of 6,50,000 units, bringing the total capacity of the fourth plant to 2.61 million units, making it Honda’s largest assembly plant for Honda motorcycles in the world,” the corporate mentioned.

The announcement was made on the event of Honda reaching the worldwide cumulative manufacturing milestone of 500 million two-wheelers from 1949 until at this time. A grand perform was organised at the corporate’s factory in Gujarat to mark the occasion amidst the presence of high Honda executives from Japan and India in addition to Gujarat Chief Minister Bhupendra Patel.

Tsutsumu Otani, HMSI president & CEO mentioned, ”Honda has lengthy been investing and increasing its manufacturing capability in India, the world’s largest bike market, to deliver pleasure to its clients.”

“25 years on, with much support, HMSI has reached the milestone of 70 million units of cumulative production. With the additional investment in our fourth plant, Honda will continue to deliver attractive products and services to its customers around the world who have higher expectations and trust in the company, and further solidify its Indian motorcycle business,” he mentioned.

HMSI presently has 4 manufacturing crops in India with a complete annual manufacturing capability of 6.14 million models. In addition, the cumulative manufacturing quantity reached 70 million models in April of this 12 months, after 25 years since begin of manufacturing in 2001.

The fourth plant began operation in February 2016 with an annual manufacturing capability of 6,00,000 models, and in June of the identical 12 months, the corporate expanded its capability to 1.2 million models with the beginning of its second line. The third line began operation in January 2024, taking annual manufacturing capability to 1.96 million models.

The fourth line will deliver 1,800 new jobs and enhance the whole manufacturing capability of the fourth plant to 2.61 million models, making it one in all Honda’s largest assembly crops for bikes in the world. The fourth line will producer 125 cc mild bikes.

In addition to the fourth manufacturing line at the fourth plant, HMS’s complete annual manufacturing capability is predicted to enhance from the present 6.14 million models to roughly seven million models by 2027 by means of additional enlargement. 

The firm’s crops are situated in Manesar in Haryana, Tapukara in Rajasthan, Narasapura in Karnataka and Fourth plant at Vithalapur in Gujarat.

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