HMSI (Honda Motor Scooter India Ltd.), the largest scooter makers of India wants to make India their export hub and they are in process of doing the same. It was reported by CNBC TV18. It may take around two to three years for the company’s plans to see the light of the day. Honda is drawing up plans to see how things can shape up for them.
The company has made some changes in their management positions at the senior level that would help them to concentrate more on making India their export center. Amongst the rearrangements, Honda needed to create some positions in their administrative section which they did.
Honda created four fresh positions. Out of these four, one position will exclusively look after exports only. Some senior advisors have also been roped in directly from Japan to augment the process of exports, which the company is so desperately looking to build on.
HMSI has announced that it has gone bullish on India and is sketching a plan to grab as much as they could from the Indian market. HSMI and HSCI are also on the way to getting merged. That will give more power to the company in the production as well as the market.
It is being touted that the merger of HSMI and HSCI is done with a view to making India the heart of the exports. The company has before now made an announcement about the ambition it has put before itself that of attaining the number one position in the country by the year 2020.
To make India the export hub, the company’s third plant in Karnataka will play a major role. Honda will be capable of exporting the bikes in bulk when the Karnataka plant is operational in entirety. The company has two plants at Manesar and Gurgaon.
These two plants have a production capacity of 2.8 million units. The third plant will put in another 1.2 million units. This increase in the total production will allow more units to be exported as the company will have around 4 million units at their disposal.
The plant will be operational in its first phase by the May or June next year.