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Gujarat set to become major auto hub in 2 years

Industry Economy

Gujarat is set to become the country's major car making hub in two years. The state expects to actually leave behind car manufacturing states like Haryana, Maharashtra and Tamil Nadu with an installed capacity to roll out 10 lakh units annually. Major players like General Motors and Tata Motors are already in Gujarat while the Sanand plant of Ford Motors will be commissioned soon. Suzuki Motor Corporation launched its Rs. 3,000 crore plant at Hansalpur in Jan’15. Gujarat government officials has claimed that Honda Cars is also considering setting up a plant in the state with a capacity to manufacture 1.10 lakh units.

Extracted from Businesstoday, Feb 02,’15

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