Hero Honda Motors has inspected three sites in Hubli-Dharwad industrial belt
5 Feb 2010, 2123 hrs IST, IANS
In a related development, a technical team of Hero Honda Motors Ltd has inspected three sites in Hubli-Dharwad industrial belt in north Karnataka to set up a two-wheeler plant at an estimated cost of Rs.20 billion (Rs.2,000 crore).
"We have shown two sites near Hubli and another near Dharwad adjacent to Tata Motors bus plant. The company is looking for about 100 acres to set up the two-wheeler plant and another 200 acres for ancillary units and a township," Baligar said on the margins of a conclave on small and medium enterprises (SMEs), organised by the Confederation of Indian Industry (CII).
Hubli-Dharwad is about 420 km from Bangalore.
The world's largest motorcycle firm evinced keen interest to locate its first southern plant in Karnataka when its top officials met state's large and medium industries minister Murugesh Nirani in New Delhi last week at a road-show held for the Global Investors' Meet to be held in Bangalore June first week.
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