By IANS,
Kolkata: Honda Motorcycle and Scooter India (HMSI) is planning to outsource some of its non-critical processes at its plant in Gurgaon, on the outskirts of Delhi, to increase its manufacturing capacity from the present 15 lakh units to 16.5 lakh annually, a senior official said Friday.
“Our existing plant is likely to reach full capacity by 2010-11. However, with outsourcing of non-critical processes we can stretch this capacity by about 10 percent to 16.5 lakh per annum,” HMSI operating head – finance and accounts S.K. Kabra told reporters here.
He was here to launch the company’s 110 CC bike Honda Twister.
HMSI is a wholly-owned unit of Japan’s Honda Motor Corp.
The company is also looking at an investment of about Rs.400 crore to set up a new factory to scale up production capacity.
Talking about its sales target, he said the company will sell about 15 lakh two- wheelers during 2010-11, against 12.5 lakh in the current fiscal. It sold about 10.7 lakh units last year.
The company hopes to touch the Rs.5,000 crore mark during 2010-11 against an estimated revenue of Rs.4,200 crore during 2009-10. During the last fiscal (2008-09), it achieved a Rs.3,600 crore turnover.