Tuesday, March 9, 2010
Rajasthan Budget 2010 | Rajasthan Budget 2010 Highlights
Japan's Honda will invest 4.7 billion rupees ($103 million) to build a second production plant in India, with an annual capacity of 600,000 units. Chief minister Ashok Gehlot, who also holds the finance portfolio, on Tuesday will present the state's budget for the financial year 2010-2011 in the Rajasthan assembly.
Sticking to its capex of over Rs 1100 crore, the company said it will require funds for expansion and to set up captive power plants. It has over Rs 2000 crore debt carrying an average interest of 11%. Click Here For Live TV Coverage
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