Hero Honda to set up Rs 2,000-cr plant in Karnataka

"Hero Honda is coming (to the state). We are going to give them 500 acres near Hubli airport near Dharwad. They are investing Rs 2,000 crore. They need 1,000 skilled workers. It will have annual capacity to manufacture one lakh two-wheelers," he told reporters.

The minister also informed that he will have second round of discussions with South Korean steel major Posco in Seoul in the first week of April regarding the company's plan to build a Rs 32,000-crore steel plant in the state, having a six-million tonne annual capacity.
Nirani said discussions would also be held with the TVS Group in the next few days on the possibility of the latter putting up an engine manufacturing unit in the state.

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