Honda Motorcycles to setup new plant in Gujarat
Honda Motorcycle & Scooter India (HMSI) plans to set up its fourth manufacturing plant in India in Ahmedabad, Gujarat with an investment of Rs 1,100 crore. The new plant will be on stream by the second half of 2015 and will have an initial capacity of 1.8 million units annually. HMSI currently has three plants in Haryana, Rajasthan and Karnataka.[Read More…]