Cars in India | Autoportal.com
Select City

Honda plans to open third manufacturing facility in Sanand, Gujrat

Honda plans to open third manufacturing facility in Sanand, Gujrat

Snapshot: Honda is eyeing a third manufacturing facility in order to maintain the demand supply ratio. And, the company is contemplating over Sanand...

- Comments    |    Write Comment

Honda Cars India Limited (HCIL) is eyeing a third manufacturing facility in order to maintain the demand supply ratio. And, the company is contemplating over Sanand, Gujrat for this production unit. Honda already has its two-wheeler manufacturing facility in Ahmedabad, Gujrat, which is worth around 1100 crore. The Japanese autogiant has decided a mammoth budget of Rs. 4500 Crore for the planned Sanand plant.

A senior official, on the condition of anonymity, said, "In addition to the two-wheeler plant, Honda Motors has decided to open a new car manufacturing facility in Gujarat. The company has purchased a huge chunk of private land near Sanand. The SSA will be signed after the new industrial policy is announced in the first week of October". The company and Gujrat government are due to sign a state support agreement (SSA) for the project in the run-up to Vibrant Gujarat. During the course of time, Sanand has emerged as one of the most likely place for the auto manufacturers to establish their manufacturing facilities. 

Two of Honda's contemporaries, Ford and Tata have already laid out their plants in the region, with each facility worth around Rs. 4000 crore. Additionally, Maruti is also planning to set up a massive production plant in Hansalpur near Ahmedabad, Gujrat. The development comes at a time when the Maharashtra government is aggressively marketing itself as a destination for car-makers to counter the flight of investments. As known, Honda Cars recently inaugurated its second production unit in Tapukara, Rajasthan, with its first production being situated in Greater Noida.

 

Related car news

  • Minoru Kato Appointed as New President & CEO of Honda 2Wheelers India 27-03-2017 Mayank Minoru Kato Appointed as New President & CEO of Honda 2Wheel...
  • Maruti Suzuki sold over 110,000 Vitara Brezza in India 27-03-2017 Davender Soni Maruti Suzuki sold over 110,000 Vitara Brezza in India
  • Honda Dio with BS IV engine launched at Rs. 49,312 27-03-2017 Anurag Busi Honda Dio with BS IV engine launched at Rs. 49,312
  • 2017 Nissan Terrano launched at Rs 9.99 lakh 27-03-2017 Davender Soni 2017 Nissan Terrano launched at Rs 9.99 lakh
  • Bajaj-Kawasaki to go separate ways 27-03-2017 Prashant Singh Bajaj-Kawasaki to go separate ways
  • 2017 Yamaha Fascino with BS IV engine launched at Rs. 54,330 27-03-2017 Anurag Busi 2017 Yamaha Fascino with BS IV engine launched at Rs. 54,330


Helpline