Honda To Set Up A New Car Manufacturing Plant In Gujarat
Advertisement
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
Advertisement
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.
It’s is worth noting that this will be second major investment by Honda in Gujarat.
Advertisement
Advertisement
- India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
- Mahindra XUV 3XO compact SUV launched in India starting at ₹7.49 lakh
- Markets trade firm on global rally, fresh foreign fund inflows
- Sustainable Energy Efficiency
- BenQ Zowie XL2546X review – Monitor for the serious gamers
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market