Honda Siel invests Rs 1,000 cr in Rajasthan; increases dealerships

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Noida, Feb 25 (UNI) Honda Siel Cars India (HSCI) today said it will invest Rs 1,000 crore in its Rajasthan plant, which will go upstream in 2009.

''We will invest Rs 1,000 crore in our Rajasthan plant, which will produce 60,000 units,'' President and CEO M Takedagawa said.

This takes the total investment by HSCI in India to Rs 2,620 crore.

The company will also expand its dealer network. ''We will increase the number of dealers to 160 in the next three years.

Most of these dealers will be in smaller towns to prepare India for our compact car,'' he said.

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