The powertrain of Honda Highness is believed to be a 300-350cc mill. Possibly a reworked version of the CB300R’s 286cc liquid-cooled motor.
The note ban pain is felt by the 800 workers of the country's top two-wheeler giants, who have been put on the bench as the companies wait for demand to get back to normal.
Second largest two-wheeler player Honda sees a massive surge in ownership replacement demand for the two-wheeler segment, in turn indicating a pick up in the economy.
Unlike in the Europe where companies have slashed investments in new products, the opposite is happening here. Companies have not tinkered with investments committed for product development though fresh investments in capacity build-up has suffered.
AnandRathi is bullish on Gabriel India and has recommended buy rating on the stock with a target of Rs 27 in its June 11, 2013 research report.
Unions of Honda Motorcycles & Scooters and Hero Motocorp have assembled at Jantar Mantar to protest against Maruti sacking off 543 workers in August. Maruti Suzuki's Gurgaon union is also part of the protests.
The last month of fiscal 2012 saw car sales report a smart bounce back after flat growth in the previous 11 months. The two-wheeler sales story was however a mixed bag, reports CNBC-TV18's Ronojoy Banerjee.
In an interview to CNBC-TV18, Manoj Kalotkar, joint managing director, Gabriel said, "We got this order a month back and it will get into execution only in 2013, it takes about an year for the order to get executed."