Also, there is a positive momentum visible in the Covid-19 vaccination drive along with various other measures by Central and State governments.
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We are confident that, full interest support on the existing dealer inventory of those dealers who are under lockdown for 30 days or more will ease their immediate business continuity concern. Yadvinder Singh Guleria, Director – Sales & Marketing, HMSI, added, “In these difficult times, Honda 2Wheelers India is proactively extending financial support to its dealers. While there are visible signs of recovery in the country, we will continue to monitor the situation very closely and are moving forward with safety and well-being of all our stakeholders as a top priority.” The company has also announced support for its authorised dealers who were under complete lockdown. Under this initiative, the company will bear full interest cost of dealer inventory under complete lockdown for 30 days or more.Ītsushi Ogata, MD, President & CEO, HMSI, “We are gradually resuming production operations following all Covid-19 compliance and lockdown guidelines by respective state governments. Plant 4: Vithalapur (Gujarat) - 1.2 million units Plant 3: Kolar (Karnataka) - 2.4 million units Plant 2: Tapukara (Rajasthan) - 1.2 million units
Plant 1: Manesar (Haryana) - 1.6 million units The two-wheeler OEM has a total manufacturing capacity of 6.4 million units as under:
The fourth plant, located at Kolar, Karnataka, remains shut due to the lockdown in Karnataka on May 25. Honda Motorcycle & Scooter India (HMSI) has recommenced manufacturing operations in a phased manner at its plants in Manesar (Haryana), Tapukara (Rajasthan) and Vithalapur (Gujarat).
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