INDIA: Hero Honda puts plan for third plant on hold
The Economic Times of India reports that motorcycle maker Hero Honda Motors Ltd (HHML) has decided to launch a 250-cc bike in April which is to be imported through the CBU route from Honda. The report says that the company had earlier planned to launch an ‘indigenously-developed 200-cc bike’ in the first quarter of 2003. The report adds that the company is also believed to have put on hold its plans for setting up a third plant.
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