Honda Scooters India sales up by 13.82%
Honda Motorcycle & Scooter India (HMSI) has announced a 13.82% increase in total sales during August this year, at 96,149 units, as compared with 84,476 units in August 2008. Motorcycle sales in this period went up from 30,454 units to 37,108 units, while scooter sales went up from 54,022 units to 59,041 units.
HMSI is looking at increasing production capacity at its plant in Manesar from the current 1.07 million units per annum to 1.5 million units per annum, by mid-2010. The company will also be investing about Rs 200 crore towards R&D activity in India and towards upgrading its two-wheelers to make sure they comply with BS-III norms.
Tags: also, be, by, demand, high, honda, india, investment, is, made, more, percent, sales, scooters, to, up