Honda accelerates its manufacturing capabilities in BangladeshJapanese autogiant Honda has recently revealed its new plant in Bangladesh, as part of the country’s aim to establish up to 100 new economic zones across the region, as a core segment of its 20
Japanese autogiant Honda has recently revealed its new plant in Bangladesh, as part of the country’s aim to establish up to 100 new economic zones across the region, as a core segment of its 2030 vision to “lead the advancement of mobility and enable people everywhere in the world to improve their daily lives.”
The factory, situated in the Abdul Monem Economic Zone at Gazaria, under the Munshiganj district is set to manufacture new motorcycles, in order to tackle the ongoing demand for versatile transport within its dense population. Spanning 25 acres, the factory will enable the bikes to be developed locally, providing greater accessibility and opportunities for local workers.
Set to provide a capacity of up to 100,000 units of motorcycles per annum, the company will undergo this joint venture alongside state-owned Bangladesh Steel Engineering Corporation (BSEC). By 2021, the plant has a long-term aim to ramp up its production capabilities to deliver 200,000 units per year, The Daily Star has reported.
Source: https://www.manufacturingglobal.com