Revving To Take On Competition

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>Honda Motorcycle &amp; Scooter India is optimistic about overtaking its competition once its third plant in Karnataka is operational.<br><br>"Once the capacity goes up with the new plant in Karnataka, we will be in a better position to compete," says Keita Muramatsu, president &amp; CEO, HMSI, India.<br><br>The company is looking at ramping up its current annual production capacity of 2.2 million to 4 million vehicles by mid-2013.<br><br>HMSI on Thursday unveiled seven models, including two international models at the first day of Auto Expo 2012.<br><br>The models include 110cc mass motorcycle Dream Yuga, CBR 150R, CB Shine (2012 52), CBR 250R (2012 model) in mass production motorcycle; Dio in automatic scooter, VT 1300CX, new CBR 1000RR Fireblade in big bike portfolio. The CBR 150R is expected to be priced below Rs 1.2 lakh. <br><br>The CBR 250R on the other hand is expected to be available for sale in dealerships from February this year.<br><br>This year the company's strategy would be to expand its two-wheeler business in India by rapidly expanding production and launching cutting edge products at a competitive price points.</p>