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Karnataka govt extends tax incentives to Honda Motorcycles
The Karnataka Cabinet has approved a proposal to extend several tax incentives to Honda Motorcycles and Scooters India Limited (HMSI), a wholly-owned subsidiary of Japanese auto major Honda Motor Corporation. HMSI is setting up a two-wheeler plant at the Narasapur Industrial Estate in Kolar district, about 52 km from Bangalore, at an investment of Rs 1,300 crore. The plant will have an annual capacity
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