Honda to sign deal with Gujarat govt for unit.

While the proposed project in Gujarat of the country's largest car maker, Maruti Suzuki, seems to have hit a minor block as reported, another Japanese automotive company, two-wheeler maker Honda Motorcycle and Scooter India (HMSI), is set to soon sign the State Support Agreement (SSA) with the administration here.

A senior state government official said, 'The project proposal will soon be moved to the state cabinet, after which the formal SSA could be signed in around a month. The chief secretary has already approved the company's proposal.'

HMSI is learnt to have bought around 200 acres of private land at Vithlapur in the Mandal region of this district at Rs. 15-20 lakh an acre to set up its fourth manufacturing unit in the country. The company could not be reached for a comment.

BS