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Honda to invest Rs 1,600 cr on a new production line

Honda to invest Rs 1,600 cr on a new production line

Thursday, April 20, 2017, 3:34 PM

Honda Motorcycle and Scooter India (HMSI), the country’s second largest two-wheeler seller, will invest Rs 1,600 crore this year in setting up a new production line as well as launch four new products to take the battle to market leader Hero Motocorp. As it targets at least 6 million units in sales this year including 5.7 million in India.
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