
Honda Motor Co. plans to invest 48 billion yen or $417 million or euro 326 million, to build a new motorcycle plant in India by 2010 and boost local production in the country to 7 million bikes a year, according to media reports.
The new plant would have an annual capacity of 1.5 million motorcycles and increase Honda's overall production in India to about 7 million. Honda officials were not immediately available for comment.
Imagine calling tech support for your Honda now: "Yesm I'm in India, but that's where the plant is! Don't judge Gupta!"