Archive for July 3rd, 2007

Honda eyes a bigger Indian share, starts work at new plant

The auto sector might be reeling under a mini recession but the spate of investments continues to grow. Japanese auto major Honda’s India subsidiary Honda Siel Cars India today announced the commencement of construction at its second plant at Tapukara Industrial Area in Rajasthan.

India has to tread a long way to match China in infrastructureWill standards to measure MFIs go global? On day 1, iPhone draws more older gadget geeks than young fansPension Bill may let you annuitise just 40% of your retirement kittyAnsal plans SPV with Ambience Hospitality More
Courtesy:www.indiacar.net

Maruti on overdrive mode in rural IndiaAdd to Clippings

After establishing its foothold in urban and semi-urban markets, the country’s top Maruti Udyog Ltd has embarked on an ambitious penetration drive in villages and entered into an understanding with regional rural banks for car finance to push sales.

The company, which early this year began executing its pan-India plan, has already started seeing the results.

“Already, we have sold 2,700 cars and generated about 20,000 enquiries through the rural scheme which was started in April,” MUL Managing Director Jagdish Khattar told PTI. More
Courtesy:www.indiacar.net

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