Munjals may set up cement plant in Chhattisgarh

Motorcycle major Hero Honda may start a cement manufacturing unit in Chhattisgarh, Hero Honda Motors Chairman Brijmohan Lal Munjal hinted here today.

"If the Chhattisgarh government takes the initiative, the company may think of setting up a cement manufacturing facility in Chhattisgarh," Munjal was talking to reporters after inaugurating the new showroom of Hero Honda Motors in Bhilai.

Stating that Haryana was the number one state in the country as far as industrial peace was concerned, Munjal said that besides infrastructure, law and order situation was the most important criterion for setting up any project.

"This was the reason why Hero moved out from Punjab and settled in Haryana," he added. Chhattisgarh was best suited for steel and cement factories, Munjal said.

Hero Honda Motors could consider a proposal for setting up a cement plant in Chhattisgarh but the state government would have to take the initiative in this regard, he reiterated.

He, however, denied any possibilities of moving out of Haryana to set up ancillary units for motorbikes.

"In the transport sector, the body and spare-parts units should be near the main industrial unit and hence, the possibility of coming to Chhattisgarh or any other states is bleak at this point of time," Munjal said.

He urged the Chhattisgarh government to develop a plant to get more investments.

The Hero Honda chairman said that proper action plan for development of infrastructure and other facilities to attract industry was needed to attract investors to the state.

Asserting that industries were the lifeline of any state, Munjal said, "Industrialists set up projects for profits and will be attracted towards the state only if it guarantees this."