| Honda Motor Corp., the second biggest
| |
| | It will produce 100,000 units by
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| Japanese automaker, is currently setting
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| | January."
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| up its second car manufacturing unit in
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| | Officials of the Rajasthan State
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| Rajasthan. The company plans to invest
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| | Industrial Development and Investment
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| approximately Rs 10 billion to build the
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| | Corp. said that a host of automobile
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| unit that has a capacity of producing
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| | ancillary units already exists in the
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| 60,000 units in the initial phase.
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| | state. The units were said holding an
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| According to Masahiro Takedagawa,
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| | investment of about Rs 7 billion.
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| President and Chief Executive of Honda
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| | The state-run corporation, which has been
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| Siel Cars, Honda's India unit, "We are
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| | promoting investments in Rajasthan, also
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| setting up our second plant in Bhiwadi.
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| | plans to build another auto components
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| The unit will have an investment of
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| | zone near Bhiwadi. The corporation is
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| around Rs 10 billion."
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| | looking forward to attract investment of
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| In a seminar hosted by the state
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| | around Rs 30 to 50 billion.
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| government together with the Federation
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| | In 1995, Honda set up its India
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| of Indian Chambers of Commerce and
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| | operations. Since then, it has been
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| Industry (Ficci), Takedagawa said, "It
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| | selling the City, Civic and Accord sedans
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| will be operational by 2009 and have a
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| | and the CR-V sport utility vehicle.
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| capacity of 60,000 units in the first
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| | Whether the automaker will release its
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| phase."
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| | newest Acura vehicles equipped with
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| The company decided to put up the plant
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| | premium Acura cargo liner and other
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| in Rajasthan so that it could easily
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| | genuine auto parts is still unknown.
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| cater to India's largest market. By fact,
| |
| | Currently, Honda is proposing a showcase
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| the northern and eastern regions cover
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| | of the Jazz hatchback and the new version
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| about 50 per cent of the total car sales
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| | of its top-end Accord, also known as
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| in the country.
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| | Honda Inspire in India. Officials said
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| Other than the manufacturing facility,
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| | that the models will be powered with a
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| the Japanese automaker is also looking
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| | 2.4 L petrol engine and will be available
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| forward to building a suppliers' park.
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| | with a 3.5 L variant. The company is also
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| The project will be part of the
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| | planning to showcase the Civic hybrid and
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| development of a host of ancillary units
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| | a prototype of its Formula 1 car, which
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| that will cater to the company's needs.
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| | will be in preparation for its plan to
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| At present, Honda is about to reach the
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| | host Formula 1 racing in India by 2010.
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| production capacity of its Greater Noida
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| | Honda was able to establish 130 plants in
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| plant established on the outskirts of the
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| | 30 countries, with operations in 160
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| national capital. Takedagawa said, "That
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| | countries around the world.
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| plant is reaching its maximum capacity.
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| |
|
