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All sets up for a strong competition b/w Honda and Hero motocorp

The November month have proved very good for HMSI, that Honda was able to show a sales figure of around two lakh units which included both bikes as well as scooters. This is the highest figure shown HMSI, a wholly-owned subsidiary of Honda, Japan ever since the company reached India.

Next financial year will show, Honda's second production plant in the state of Rajastan will be all set to start its production. The company is also working on its third manufacturing facility in Karnataka will have an annual capacity of another 1.2 million units over years. What Honda aims is that,by year 2014-15, they must be capable of the production of four million bikes and scooters every year.

In order to cope up with the recent demand created for Honda products along all the segments, Honda is opening two more plants in the western states of Gujarat and Maharashtra. In order for Honda to remain a market leader, it must not only maintain the high attractiveness and quality of products, but also further improve cost-competitiveness to match the low prices of these competitors.

All this developments made by HMSI is predicted as only the beginning of an aggressive journey for the company, which is determined to recover the top slot it ceded to the Hero group after the duo parted ways recently. Hopefully, this competition between these two wheeler biggies will ultimately rise the standards of Indian market.

Last updated on 19-12-2011. Published on 19-12-2011. Written by .
Category: News
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