Honda Two-Wheelers Announces ₹ 800 Crore Investment For 2018-19

Honda Motorcycle and Scooter India (HMSI) has announced plans for the 2018-19 fiscal year, earmarking ₹ 800 crore to prepare for Bharat Stage VI (or BS-VI) emission regulations, as well as consolidate on the brand’s growth in India and expand on the current production capacity. Announcing the company’s growth over the past one year since he assumed the top job, HMSI President and CEO Minoru Kato said he was satisfied with HMSI meeting and exceeding all expectations during 2017-18, with India now contributing 30 per cent to Honda’s global sales.

Honda Patents X-ADV In India: Reports

According to latest reports, Honda Motorcycle and Scooter India (HMSI) has patented the Honda X-ADV, a scooter which seems to have decent touring and adventure capability as well. Now, HMSI has planned just one all-new product for the 2018-19 financial year, and it could be anything from an entry-level performance motorcycle to another commuter offering, but the latest news has come as quite a surprise. Of course, just filing a patent in India doesn’t necessarily mean HMSI has serious plans of launching the X-ADV here, but who knows?

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