HONDA will start exporting bikes by next year from India, a country which the Japanese auto maker sees as a future global hub, particularly for mass market models.
The company is also building a global procurement centre for large-sized motorcycles as well as commuter bikes in India as it looks to enhance exports from the country along with components, Press Trust of India (PTI) reported.
"We will soon start exporting from India... Earlier some of the motorcycle models were being produced by Hero. Now we would like to do it ourselves by next year from the new plant," Honda Motor Company COO (Motorcycle Operations) Tatsuhiro Oyama told reporters on the sidelines of Tokyo Motor Show here.
Last year, Honda and the Hero Group decided to end their 26-year-old joint venture Hero Honda and the Indian partner bought out the Japanese firm's entire 26 per cent stake.
Indian motorcycle market has high potential and Honda believes that India will eventually become number one in terms of motorcycle market, he said.
The Star/ANN
Sunday, December 4, 2011
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