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<root>
    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-05-23 15:00:23</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Ahmedabad, May 23 (KNN)&lt;/strong&gt; Honda Motorcycle &amp;amp; Scooter India Pvt Ltd (HMSI) has announced a significant expansion of its Vithalapur plant in Gujarat, investing Rs 920 crore to add a fourth production line. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This move will increase the plant's annual capacity by 650,000 units, bringing the total to 2.61 million units by 2027, making it Honda's largest motorcycle assembly plant globally. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The expansion will focus on producing 125cc class motorcycles and is expected to create approximately 1,800 new jobs in the region. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The Vithalapur facility, which commenced operations in February 2016 with a capacity of 600,000 units, has undergone two prior expansions, reaching 1.2 million units in June 2016 and 1.96 million by January 2024. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With this latest investment, HMSI's total production capacity across India is projected to rise from the current 6.14 million units to 7 million units by FY27. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;As of FY25, HMSI holds a 25.37 per cent market share in India's two-wheeler segment, making it the second-largest player in the market. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The company recorded 5.8 million unit sales in 2024, marking a 32 per cent year-on-year growth, and achieved a cumulative production milestone of 70 million units as of April 2025.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Tsutsumu Otani, President &amp;amp; CEO of HMSI, stated,  Honda has long been investing and expanding its production capacity in India, the worlds largest motorcycle market, to bring joy to its customers.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With the additional investment in our fourth plant, Honda will continue to deliver attractive products and services and further solidify its Indian motorcycle business.  &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This strategic expansion underscores Honda's commitment to strengthening its production capabilities in India to meet growing market demand and reinforces its position in the global two-wheeler industry.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>42184</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/honda-building-worlds-largest-motorcycle-facility-in-vithalapur-to-produce-26-mn-units</link>
    <pubDate>2025-05-23 15:00:23</pubDate>
    <source>knnindia.co.in</source>
    <title>Honda Building World's Largest Motorcycle Facility In Vithalapur to Produce 2.6 Mn Units</title>
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