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May 23, 2015 3:28 AM ET

Automobiles

Company Overview of Honda Motorcycle and Scooter India Pvt. Ltd

Company Overview

Honda Motorcycle and Scooter India Pvt. Ltd. manufactures and sells two-wheelers. It offers scooters, motorcycles, and bikes, as well as parts of vehicles through dealers. The company was founded in 1999 and is based in Gurgaon, India. Honda Motorcycle and Scooter India Pvt. Ltd. operates as a subsidiary of Honda Motor Co., Ltd.

Plot No. 1, Sector 3

IMT Manesar

Gurgaon,  122 050

India

Founded in 1999

Phone:

91 12 4229 0911

Fax:

91 12 4229 0891

Key Executives for Honda Motorcycle and Scooter India Pvt. Ltd

Chief Executive Officer and President
Vice President of Sales & Marketing
Compensation as of Fiscal Year 2014.

Honda Motorcycle and Scooter India Pvt. Ltd Key Developments

Honda Motorcycle and Scooter India to Invest INR 17.75 Billion in Fiscal 2016

Honda Motorcycle and Scooter India is investing INR 17.75 billion in this fiscal year. The automaker is investing in the expansion of its plant in Delhi, India, and on the launch of new models.

Honda Motorcycles & Scooters India Announces Domestic Sales Results for the Fiscal Year 2015

Honda Motorcycles & Scooters India announced domestic sales results for the fiscal year 2015. For the fiscal year 2015, its domestic volume sales grew 25.33%.

Honda Motorcycle & Scooter India Pvt. Ltd. and Honda Cars India Limited to Expand Annual Production Capacity in India

Honda Motorcycle & Scooter India Pvt. Ltd., or HMSI, and Honda Cars India Limited, or HCIL, have announced that they will expand annual production capacity in the Indian market. HMSI will expand its third motorcycle production plant, and HCIL will expand its second automobile production plant, both currently under operation. HMSI's third motorcycle production plant, located in the Narsapura area in the state of Karnataka in the southern part of India, became operational in June 2013, with annual production capacity of 1.8 million units. HMSI will newly invest approximately INR 5.85 billion and build another production line within the existing site. The new production line is scheduled to become operational in 2016 and expand annual production capacity by 600,000 units, increasing the plant's total annual production capacity to 2.4 million units. In order to accommodate this capacity expansion, HMSI is planning to increase the number of associates by approximately 1,900. Combined with the additional capacity of the fourth plant which is scheduled to become operational in the first half of 2016, this expansion of the third plant will increase HMSI's overall annual production capacity to 6.4 million units. As for automobile business, HCIL's second automobile production plant, located in Tapukara Industrial Area, Dist. Alwar, in the state of Rajasthan in the northern part of India, became operational in February 2014, with annual production capacity of 120,000 units. HCIL will newly invest approximately INR 3.8 billion to further strengthen the plant with facilities such as the extended assembly line. These measures will be taken in 2016 and expand the annual production capacity by 60,000 units, increasing the plan's total annual production capacity to 180,000 units. In order to accommodate this capacity expansion, it is planning to increase the number of associates by approximately 600. This expansion of the second plant will increase HCIL's overall annual production capacity to 300,000 units including the 120,000-unit capacity of the first plant and will enable HCIL to continue accommodating the automobile market in India where further growth is expected primarily with small-sized passenger cars. HCIL's automobile production plant in Tapukara, integrates facilities with various functions including operations for forging, casting, stamping, power train components production, welding, painting, resin molding, engine assembly, and frame assembly as well as an engine testing facility. The plant has a layout with an optimized automation system and employs the latest equipment to pursuit efficient operation. From the perspective of high product quality and ergonomics, the production efficiency and safety of each operation performed at the plant is continuously being improved.

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