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Honda, Japanese bike maker will invest Rs.300 Crores in the next three years in India. The company is looking to increase its production capacities and launching new bikes.

Honda Motorcycle & Scooter India (HMSI) President and CEO, Mr. Shinji Aoyama told reporters “Honda has a strong vision for Indian market and will look for opportunities in these challenging times. We will invest Rs 300 Crore in the next three years for launching new products and expanding capacities of our plant.”

The company has launched the Honda CBR1000RR and CB1000R in India fortnight ago with a price between Rs 12.5 Lakhs and Rs 9.5 Lakhs respectively. The company will also launch the 100cc bikes in India soon.

The company, which has a production facility at Manesar, has so far invested Rs 900 crore in the country, he added. HMSI will introduce a 100cc bike targeting the mass market within a year, he said.

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