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This is only half of the huge GIDC (spread across an area close to 40 sq kms!) that we could cover in about 3 hours. The infrastructure was excellent, separate drainage lines ran by the sides of the roads, the roads themselves were in perfect condition (considering all the heavy vehicles that use them). The road from Ahmedabad to the GIDC is a tolled 4 lane highway built and maintained by L&T Infra and is a delight to drive on.

All in all, a very promising future for this GIDC. :cheers:
 

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Honda looks to pump in Rs 4,000 crore for new unit in Gujarat

Source: TOI

NEW DELHI: Honda Motor Car Company is on an overdrive in India. The Japanese auto major is looking to pump in a fresh Rs 4,000 crore for a new factory in Gujarat, its third in the country.

The company, which currently has a factory at Greater Noida in UP and at Tapukara (near Alwar) in Rajasthan, is in the process of acquiring land for the new manufacturing premises, which will also be focused on exports in view of its proximity to the port.

The company plans to double its India production with the new plant to 6 lakh units though this will happen in a phased manner, sources told TOI. "Work has begun for the new factory and right now land is being procured," a source said. Honda's total investment in India is around Rs 7,200 crore, the majority in Tapukara at about Rs 4,400 crore.

The company's Greater Noida plant can produce 1.2 lakh cars annually, while in Tapukara, it can churn out an equal number. It is enhancing the capacity in Rajasthan by an additional 60,000 units, which will be completed by the middle of next year.

"We are bullish on India. The headquarters in Japan sees India as a key strategic market, and the importance has only gone up as the country has emerged as Honda's fourth-largest car market globally," the source said.

Honda recently launched the Jazz premium hatchback, and has plans to follow this up with new models. It plans to bring a compact SUV and an entry small car, which will be placed under Brio.

"While export has not been a big part of our strategy so far, the Gujarat plant will be a turning point as overseas markets can also be addressed effectively and efficiently," the source said.

The company has set up a research and development facility in India, which is aiding in controlling costs through a close collaboration with suppliers and key component makers. The growing list of auto companies rushing in to Gujarat has also seen the development of a healthy eco-system in the state. The state already has investments from Ford, General Motors and Tata Motors, while the country's top car maker, Maruti Suzuki, is also setting up a factory there.

Honda has seen a turnaround in India last year, especially after it drove in diesel versions. Honda sold 1.89 lakh units in 2014-15, up 41% against the 1.34 lakh vehicles sold in the previous fiscal.
 

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The biggest setback for Gujarat's auto industry i guess…

GM to shut down manufacturing unit at Halol

The US based company said that it will be investing $ 1 billion in its plant in Talegaon, in Maharashtra

NEW DELHI: General Motors, the US based automaker, said on Wednesday that they will close down operations at its plant in Halol, Gujarat. This is against the tide where automakers are looking to move manufacturing operations into Gujarat. General Motors was one of the first automaker to enter Gujarat in 1996.

The US based company said that it will be investing $ 1 billion in its plant in Talegaon, in Maharashtra. The investment is part of GM's plan to invest $5 billion over several years to develop a global family of Chevrolet vehicles with Shanghai Automotive Industry Corp (SAIC), the state-owned Chinese automaker that is GM's primary partner in China.

GM has, over the years, faced labour unrest at its Halol plant on number of occasions in 2010, 2011 and 2014. The labour agitations were to protest against poor working condition and pay. The current capacity at the Halol plant is around 1,27,000 units annually.

READ ALSO: General Motors to invest $1 billion in India, move to create 12,000 jobs

The closing down of the plant is expected to be completed by end of 2016.

GM will also launch 10 new domestically manufactured vehicles in India over the next five years in a push to double its market share in the country by 2020, Stefan Jacoby, GM's chief of international operations, told a news conference.
http://auto.economictimes.indiatimes.com/news/industry/gm-to-shut-down-manufacturing-unit-at-halol/48266186
 
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