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Isuzu Motors Ltd, Hindustan Motors Ltd to invest 30 bln Indian Rupees in Andhra Pradesh manufacturing unit-Economic Times


Thursday, 16 Jan 2014 08:42pm EST 

Isuzu Motors Ltd:Isuzu Motors India is likely to invest 30.00 bln Indian Rupees at its manufacturing plant in Andhra Pradesh over five years-Economic Times.The construction to start for the plant at Sri City is likely by the end of this month, Isuzu Motors India president and managing director Takashi Kikuchi told.Suzu has a contract manufacturing agreement with Hindustan Motors Ltd under which HML is assembling CKD kits of Isuzu's sports utility vehicle MU-7 and pick-up truck D-Max at its Thiruvallur, Chennai plant.The complete localisation of production is expected to be through within three years after 2016.May be 2018, we will achieve 100 per cent localisation' he said.The company will be producing SUVs and Light Commercial Vehicles (LCVs) in the new production plant. 

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