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Honda Siel Cars to invest Rs 250 cr in Rajasthan plant Email this page
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New Delhi, July 27 (PTI) Honda Siel Cars India today said it will invest Rs 250 crore in its Tapukara plant at Rajasthan for expansion of a power train facility that would be used for its upcoming small car in India.
With the new investment, the company's overall investment in the Rajasthan plant will go up to Rs 1,170 crore by the end of the year.

"The Tapukara power train facility expansion will help us to enhance our overall capacity in future and also to accrue benefits of low-cost manufacturing available in the country," HSCI President and CEO Takashi Nagai said in a statement.

In January this year, the firm had announced that its small car -- to be produced from the plant -- would be launched in India by 2011. It is expected to priced below Rs 5 lakh.

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