Power of dreams in India

Honda's Siel Cars India plans to build a new manufacturing site in Rajasthan at a cost of over $230 million.

The new site will be spread across 600 acres of land and will have an initial production capacity of 60,000 cars per year.

In addition to the car manufacturing facility, which will be spread across 400 acres, the new site will also have several suppliers, spread across an area of over 150 acres.

The planned capacity of the plant is likely to be over 200,000 cars per year, and the plant is scheduled to roll out the first car by the end of 2009.

Honda’s current manufacturing unit at Greater Noida, Uttar Pradesh, already has a production capacity of 50,000 units which will be expanded to 100,000 units by the end of this year. With the new Greenfield project in Rajasthan, the company’s total capacity will increase to more than 150,000 units by 2010.