Honda to Double Production Capacity at Motorcycle Plant in Pakistan
November 01 2015 - 9:16PM
JCN Newswire (English)
Atlas Honda Ltd. (AHL), Honda's motorcycle production and sales
joint venture in Pakistan, announced plans to double the production
capacity of its existing Sheikhupura Plant from the current 600,000
units to 1.2 million units during the next three years to
accommodate the expected expansion of the motorcycle market in
Pakistan.
AHL is currently producing motorcycles at two plants - the Karachi
Plant in the southern part of the country and the Sheikhupura Plant
in the northeastern part of the country, with annual production
capacity of 150,000 units and 600,000 units, respectively. For this
capacity expansion plan, AHL will first add another production line
to the Sheikhupura Plant with the plan to begin production on this
new line in October 2016. AHL then will further expand the overall
capacity in stages. Including the addition of a new line and
strengthening of its production system and capability, AHL is
planning to invest approximately USD 50 million in this three-year
capacity expansion, which also will add approximately 1,800 new
associates. After this expansion, AHL's overall annual production
capacity will be increased to 1.35 million units.
With an overall population of approximately 190 million people, the
size of the motorcycle market in Pakistan has been at approximately
1.3 million units for the last several years. However, the market
began to show rapid growth from the beginning of this year. AHL
will be well prepared to accommodate the Pakistani motorcycle
market, where further expansion is expected in the coming
years.
About Honda
Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the
leading manufacturers of automobiles and power products and the
largest manufacture of motorcycles in the world. Honda has always
sought to provide genuine satisfaction to people worldwide. The
result is more than 120 manufacturing facilities in 30 countries
worldwide, producing a wide range of products, including
motorcycles, ATVs, generators, marine engines, lawn and garden
equipment and automobiles that bring the company into contact with
over 19 million customers annually. For more information, please
visit http://world.honda.com.
Source: Honda
Contact:
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512
Copyright 2015 ACN Newswire . All rights reserved.
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