Honda Motor Co is offering voluntary retirement to employees of its motorcycles and scooters unit in India amid slowing demand in the country following the Covid-19 pandemic, a company letter shows. Honda Motorcycles and Scooters India (HMSI), the country's second-largest manufacturer of two-wheelers, made the offer to "maintain its existence" in a competitive market, it said in a letter to its employees' union dated January 5.
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