Honda to Invest Rs. 300 crores in Next Three Years
Honda Motorcycle and Scooter India (HMSI) stated that the company will invest Rs 300 crore in next three years. According to HMSI General Manager-Operating Head (Sales and Marketing) Naresh Kumar Rattan, this investment is a part of its expansion plans in India that will not only include better market presence but also upgradation of the plant capacity in Manesar.
"The company, which has invested Rs 900 crore since its inception in 2001, will further invest around Rs 300 crore for expansion plans and launch a new range of vehicles in the future," he said on the sidelines of the launch of Honda's upgraded scooter 'Activa'.
"Honda has a strong vision for Indian market and will look for opportunities in these challenging times. We will invest Rs 300 Crore in the next three years for launching new products and expanding capacities of our plant," said Honda Motorcycle & Scooter India (HMSI) President and CEO, Mr. Shinji Aoyama.
[Via: cartradeindia]
Upgraded Pulsar 200?
A updated version of the Bajaj Pulsar 200 is being tested around the outskirts of Pune.The bike was spotted with test plates by bikeindia. If you look closely you wont be able to find any difference compared to the regular Pulsar 200. Maybe Bajaj has tweaked the engine to extract more power to give the competition a run for their money. Or maybe Bajaj is going the FI route with the Pulsar 200.
[Via: Carsandmore]
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