Honda is to build a new motorcycle production plan to expand its production and sales volume, with Bangladesh Honda Ltd. (BHL) recently holding a groundbreaking ceremony to mark the start of construction in Munshiganj District, Dhaka Division in Bangladesh. BHL began local assembly of Honda motorcycles in Bangladesh in 2013 at a leased plant facility. At present, it assembles the CD80, Dream Neo 110, Livo 110, CB Shine125 and CB Trigger 150. It imports two models: the Wave α and CBR150R.
The new plant is scheduled to begin motorcycle production in the second-half of 2018, with initial annual production capacity of 1,00,000 units as the first step. BHL plans to continue to invest for expanding its production capacity of the new plant up to 200,000 units by 2021. In addition to increasing production volume of motorcycles, the new plant will increase the level of local content sequentially.
Article Source : AutoCarIndia