India Inc India Inc: Wednesday, 25 January 2017 11:13

Why the World comes to Gujarat

Gujarat, with its investor-friendly policies and outward looking approach, has succeeded in attracting some of the world’s biggest corporates to its shores. ‘India Investment Journal’ profiles a few of the key MNCs happy with Gujarat as their base. 

Honda

Industry:
 Automotive
Headquarters: Minato, Tokyo, Japan
Year of establishment in Gujarat: February 2016

Description:

Honda inaugurated one of the world’s largest scooter exclusive plants at Vithalapur in Gujarat with an annual capacity of 1.2 million units. The new plant will employ approximately 3,000 people within the first two years of commercial production. Spread over 250 acres, the facility has come up in just 13 months with an investment of nearly $167 million [Rs 1,100 crore]. In October 2016, the firm started exports of its two-wheelers from this Gujarat base to Sri Lanka. Login/Sign up to read more...

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