Honda’s Rajasthan plant at a standstill |
By e4p Correspondent, Wednesday, June 17, 2009, 10:59 Hrs [IST] |  |
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Category: Automobiles | Tags: honda siel cars india, hsci new assembly plant, automotive market | Share:  |
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Honda Siel Cars India (HSCI) is expected to put its new assembly plant operations at Tapukara in Rajasthan on hold due to the automotive slowdown.
The plant entailing an investment of Rs 1,000 crore was initially expected to commence production this year. Investments in the plant slowed down since December last year and now it’s stopped till the automotive market in India improves.
Source : ProjectsToday
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