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Honda to boost sales in India
By Yoann Besnard on 27 February 2008 | (0) Comments | Permalink
Honda has announced it plans to increase its sales to 90,000 units in 2008/09 at first and 160,000 by 2010 with the help of the new expanded production facility.
The Japanese carmaker has set the goal of selling 160,000 cars by 2010. In addition to the new expansion done in the Calcutta factory, the company pans to invest £375 million in a new plant built in Rajasthan state. The future facility will have a production capacity. Honda is very serious as Tatsuhiro Oyama, president of Honda’s Asian operations said speaking about the Indian market: “India’s the most exciting auto market in Asia and we are committed to growth in this market”.
Honda is the fourth largest carmaker in India and sells the City ZX(pictured), Civi, Accord and CR-V models there. For the current fiscal year, the company plans to sell 68,000 vehicles.