Honda to invest more in India

Honda Motor Corporation of Japan plans to synergise Indian and Thailand operations to capitalise on the free trade agreement between the two countries and will continue investing in India, a top company official said on Friday.

"There is huge capacity at our Thailand plant and we will use that to the benefit of our Indian operations...we have huge operations in Thailand and India and are working out an efficient strategy," Honda Motor Co. managing director S Toshida said.

Honda Motor Co. president and chief executive offer Takeo Fukui, who is on his maiden visit to India, said "We will keep investing in India whatever profit we make from our businesses in the country".