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|Home » Honda Civic News » Honda readies plan for 2nd car plant, Civic|
NEW DELHI: This monsoon, Japan's Honda Motor Corp plans to shower big-ticket investment programmes in India.
"Discussions with various states are in the preliminary stages, with Honda officials collating information about the sites and sops that various states have to offer. Based on these information, Honda will finalise the location for new plant," a source said.
Though finer details of the new plant are yet to be frozen, industry insiders said the greenfield plant - expected to house the production lines for Honda's much-talked about premium compact car - would involve an investment of Rs 1,000-odd crore.
Times of India