Honda Siel Cars India has decided to postpone commissioning of its second car
manufacturing facility at Tapukara in Alwar district, Rajasthan.
The company has also reduced the production of its Greater Noida plant from
400 cars to 200 cars a day on a single shift basis. According to Masahiro
Takedagawa, President and CEO, the Indian market is still witnessing a down turn
and will commission of Rajasthan plant once the market conditions improve. As of
now, it has been put off indefinitely.
Related Links:
Project profile