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.
Also See:
Honda Siel
postpones commissioning of Rajasthan Project (02-Mar-09)