📷 Image: Wikimedia Commons / MattiPaavola
Business
Karnataka Industries Minister Patil Denies Honda Exit, Calls Claim Baseless
✍️ The Economic Times
🗓 02 Nov 2026, 05:38 AM
👁 2
Karnataka Industries Minister Patil has dismissed claims that Honda is relocating out of the state, describing them as baseless and confirming the company's continued presence.
Karnataka Industries Minister Patil has firmly stated that Honda is not planning to move its operations out of the state. Addressing recent speculations, the minister clarified that the company remains committed to its presence in Karnataka.
The minister specifically referred to claims made by Kumaraswamy regarding the potential relocation of the automobile major. Patil described these allegations as baseless, emphasizing that there is no truth to the narrative that Honda is exiting the state.
This clarification comes at a time when the automotive sector is a significant contributor to Karnataka's industrial economy. The state government's assurance aims to stabilize investor confidence and counter any misinformation circulating in the market.
By denying the exit, the Industries Minister has sought to put an end to the debate, reaffirming the state's position as a key hub for Honda's manufacturing and operational activities in India.
The minister specifically referred to claims made by Kumaraswamy regarding the potential relocation of the automobile major. Patil described these allegations as baseless, emphasizing that there is no truth to the narrative that Honda is exiting the state.
This clarification comes at a time when the automotive sector is a significant contributor to Karnataka's industrial economy. The state government's assurance aims to stabilize investor confidence and counter any misinformation circulating in the market.
By denying the exit, the Industries Minister has sought to put an end to the debate, reaffirming the state's position as a key hub for Honda's manufacturing and operational activities in India.