Honda Motor, the Japan-based automobile maker, intends to set up an automobile manufacturing plant at Vithalapur in Gujarat, which will entail an investment of Rs 4,000 crore.
The company is in talks to buy 150 ha of private land in Vithalapur-Manpur area near Mehsana district of the state.
The new plant will have a capacity to manufacture around 1,00,000-1,25,000 cars a year.
Besides, Honda Motorcycle and Scooter India, the two-wheeler making arm of Honda Motor, has acquired about 100 ha of land in Vithalapur for a new unit in which Honda plans to invest Rs 1,100 crore. The new unit is expected to commence production in FY16.
Apart from this, Honda Cars India is planning to set up a component manufacturing plant, for which the company has already submitted the proposal to the Gujarat government.
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