HMSI to set up second manufacturing facility in India

Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI), the wholly owned two-wheeler subsidiary of the Japanese carmaker Honda Motor Co., said it will set up its second manufacturing facility in India, targeting more than two million motorcycles by 2012. HMSI is likely to take a decision on its location in February, according to HMSI Senior Vice-President (Purchase) Y. Hashimoto. The company is not only looking at Haryana, where it has its present assembly lines, but also at west and south India, for the new location. Honda said it is planning to reach 12.5 lakh sales this fiscal year and to cross the 15 lakh mark in 2010-11 (February 16, 2010)