Atlas Honda Limited: New line of motorcycles to roll out by October
Company’s expansion plan worth $100m would generate 6,800 jobs
PHOTO: FILE
LAHORE:
The first motorcycle of Atlas Honda Limited’s new line is expected to roll out in the beginning of October this year under the company’s expansion project, said the Atlas Honda Limited (AHL) spokesman in a statement on Friday.
‘’The expansion would lead to the generation of 1,800 direct jobs and a further 5,000 jobs at its associate companies and part manufacturing partners,” he said.
SMU launches motorbike training for women
AHL recently announced an investment plan worth $100 million for the expansion of its motorcycle operations in Pakistan.
“A three-year expansion plan has already been implemented to double the installed capacity of its Sheikhupura factory, from the existing 0.6 million to over 1.2 million units per annum,” added the spokesman.
Giving further details, the spokesman said that an investment of around $50 million would be made directly by Atlas Honda, while another $30 million and $20 million would be invested by Atlas Honda’s associated companies and the company’s part suppliers to expand their own facilities.
AHL’s mother plant is based in Karachi, which spreads over 5 acres. Atlas Group signed a technical agreement with Honda Japan in 1963 and plant started commercial production subsequently. In 1964, production began with 7 motorcycles per day. Now, the plant production has reached to 525 units a day.
The company has an annual capacity of 900,000 units at two plants, located at Sheikhupura and Karachi.
Besides manufacturing Honda CD 70, the plant produces various value added auto parts for in-house consumption as well as catering the demand of after sale market. “The larger of the two plants is situated in Sheikhupura city, Punjab. This plant has the country’s largest in-house manufacturing facility,” informed the spokesman.
Banned: New restrictions on motorcycle rickshaws
Published in The Express Tribune, March 5th, 2016.
The first motorcycle of Atlas Honda Limited’s new line is expected to roll out in the beginning of October this year under the company’s expansion project, said the Atlas Honda Limited (AHL) spokesman in a statement on Friday.
‘’The expansion would lead to the generation of 1,800 direct jobs and a further 5,000 jobs at its associate companies and part manufacturing partners,” he said.
SMU launches motorbike training for women
AHL recently announced an investment plan worth $100 million for the expansion of its motorcycle operations in Pakistan.
“A three-year expansion plan has already been implemented to double the installed capacity of its Sheikhupura factory, from the existing 0.6 million to over 1.2 million units per annum,” added the spokesman.
Giving further details, the spokesman said that an investment of around $50 million would be made directly by Atlas Honda, while another $30 million and $20 million would be invested by Atlas Honda’s associated companies and the company’s part suppliers to expand their own facilities.
AHL’s mother plant is based in Karachi, which spreads over 5 acres. Atlas Group signed a technical agreement with Honda Japan in 1963 and plant started commercial production subsequently. In 1964, production began with 7 motorcycles per day. Now, the plant production has reached to 525 units a day.
The company has an annual capacity of 900,000 units at two plants, located at Sheikhupura and Karachi.
Besides manufacturing Honda CD 70, the plant produces various value added auto parts for in-house consumption as well as catering the demand of after sale market. “The larger of the two plants is situated in Sheikhupura city, Punjab. This plant has the country’s largest in-house manufacturing facility,” informed the spokesman.
Banned: New restrictions on motorcycle rickshaws
Today the company is widely recognised as the impetuous behind the large and growing two-wheeler industry of Pakistan as it brought about technology transfers and laid ground for a huge and technically capable vendor-base to train human resource in the area.
Published in The Express Tribune, March 5th, 2016.