Honda to be allotted land in Rajasthan soon

Monday, 22 January 2007, 06:00 Hrs
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Jaipur: The Rajasthan government is expected to allot land to Honda Siel Cars India Ltd (HSCI) for setting up a 20 billion ($453 million) manufacturing plant in the state in a month or two, a minister said on Monday.

"We expect to allot land to the company by the end of February or March," Industries Minister Narpat Singh Rajvi said.

Though he refused to give details, sources in the industries department said that the Japanese auto major has identified over 600 acres of land in the Khuskhera industrial area, over 130 km from here on the Jaipur-Delhi national highway, for the project.

Chief Minister Vasundhara Raje was expected to finalize details of the project during her proposed visit to Japan for a seminar. "Chances are high that the final talks regarding the project would take place during the chief minister's visit," he said.

This would be the company's second project in India. It started India operations by setting up a plant at Greater Noida in Uttar Pradesh in 1997 with an investment of 4.5 billion.

HSCI was incorporated in December 1995 as a joint venture between Honda Motor Co Ltd of Japan and Siel Limited, a Siddharth Shriram Group company, to provide Honda's latest passenger car models and technologies to the Indian customers.

Honda presently sells City, Accord, CRV and Civic models in India.
Source: IANS
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