HERO HONDA-Buoyant Demand

venture with Masuzawa and Co, Japan, to produce silk yarn using silk waste. The Japanese firm will hold 25 percent of the equity. The spinning unit. Birla Masuzawa, will be located in Amritsar, close to the OCM factory of Birla VXL. Out of an initial investment of Rs 25 crore, Rs 5 crore is expected to be raised through equity. Also on the anvil is a post-production centre for films in partnership with Mitsui and Co. Japan.