HeroHonda Bikes new plant in Haridwar

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Haridwar, October 19, 2006: At the grand ceremony of the new plant in Haridwar by Hero Honda Motors, Dr. Manmohan Singh did the honors of laying the foundation stone.

Many renowned personalities graced the occasion by their presence. Sh. ND Tiwari, Chief Minister of uttranchal, Mr. Brij Mohal lal Munjal, chairman hero Honda Motors Ltd. and Mr. Pawan Munjal, the Managing Director along with come senior executive and government official were present at the function.

The Munjal Family was extremely Grateful to Mr. Manmohan Singh for talking out time for this occasion. They expressed their heart felt gratitude to him.

This new plant in Haridwar has been located at the integrated industrial Estate. The company is making an investment of around 400 crores on the plant with a production capacity of 500,000 units. The plant will start somewhere in June 2007. It will also have flexible production for all models in the Hero Honda portfolio, including the recently launched 150 cc stunner CBZ X-treme and the most advanced Fuel-injection based Glamour FI.

The company is on a verge of expansion. Existing plants in Gurgaon and Dehradun are also under this expansion process. Hero Honda has chosen Haridwar for its new plant as it’s in one of the fastest growing states. It is coming forward in every aspect from IT to power to roads, telecommunication and what not.

"Hero Honda's new plant will set new benchmarks in terms of lay-outs, processes, supply chain management and human resource management. With the new plant, we will strive to create a center of excellence for the manufacturing industry in the country. We have already announced 8 new models this year. The CBZ X-treme was the second exciting launch of this year after the Glamour FI, and we will be launching 5 more exciting models in this fiscal. These new models will offer our customers an unparalleled range of state-of-the-art two-wheelers with the world's best technology, latest designs and many exciting new features.” Mr. Pawan Munjal Said this at the function.