Hero Honda looking for place for fourth plant
Mar 11 2010 , New Delhi
"There would be at least 10 states we would be looking at, at this moment. We are looking at the whole country as a clean slate," Hero Honda Managing Director Pawan Munjal told reporters on the sidelines of Hero Groups Mindmine Summit here.
When asked about his meeting with the Karnataka Chief Minister for setting up the plant in the state, he said, "Yes we met the Karnataka Chief Minister...I thought they were very open for us to go to the state. It was just a request from the Chief Minister to have breakfast with him, so we did."
The company is also considering Rajasthan for the proposed plant, for which the state government had earlier promised to allot land but is now facing protest from the locals.
Talking about the plant, Munjal said, "the feasibility study would come up with capacity, investment, models and the location. It is going to take us six months to take the final call."


















Post new comment