Honda To Set Up A New Car Manufacturing Plant In Gujarat

With an investment plan of over Rs 1,000 crore, Japanese automobile major Honda Cars India Ltd is in talks with the Gujarat government to come up with a car manufacturing plant near Ahmedabad district’s Vithalapur village, a senior government official told PTI.

The proposal, which is in final stage of consideration, may soon get a green signal from the state government.

According to a PTI report, “Honda Motorcycle and Scooter India Private Ltd (HSMI) had three months back announced establishing the world’s largest scooter plant at the same village, 110 kilometres away from Vithalapur village.”

“The proposal is in the final stage and would get approval of the state cabinet under our Mega Industrial Policy within next few weeks time. Honda will invest at least Rs 1,000 crore to set up car manufacturing plant near Vithalapur,” the official added.

It’s is worth noting that this will be second major investment by Honda in Gujarat.

Image credit: thecarconnection.com