New Delhi, May 26 (PTI) Japanese auto giant Honda today said it will set up a third two-wheeler manufacturing facility in India at Narsapuram, in Karnataka, with an installed annual capacity of 12 lakh units by 2013.
The company, which recently exited from India's largest two-wheeler maker, Hero Honda, will also double the output of the upcoming second plant at Tapukara in Rajasthan to 12 lakh units by the end of this fiscal.
Honda Motor Co, however, did not mention any investment figure for expanding its business in the growing Indian two-wheeler market.
"In order to realise Honda's vision to provide good products with speed and affordability, the third plant will be built in the Bangalore area in the southern part of India.