Friday, August 04, 2006

Honda Siel revving up plans in India


Honda Siel Cars, India, which already has a manufacturing plant in Greater Noida in UP, is planning its second plant in India. Though the company is yet to finalise the location, Andhra Pradesh, Tamil Nadu, Karnataka & Maharashtra are few states to be shortlisted. The company hopes that second plant will commence after one and- a-half years. Honda is also planning to enhance its present capacity from 50,000 units per year to one lakh, and escalate its investment in the country as well. Honda seems to be highly keen to get into the volume segment.


For complete IIPM article click here

Source:- IIPM Editorial, 2006.

Editor:- Prof. Arindam Chaudhuri