Honda to boost India bike capacity to 4 mln units by 2013

Newswire

TOKYO, May 26 (Reuters) - Honda Motor Co , the world's biggest motorcycle maker, said on Thursday it would boost its production capacity for motorbikes in India to 4 million units by the first half of 2013, including through the construction of a third factory. Honda is in the process of exiting its Indian joint venture, Hero Honda Motors , after more than 26 years to reap profits on its own through wholly owned unit Honda Motorcycle & Scooter India. Honda said it would double ...

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