Isuzu's pick-up truck plant in Andhra to go on stream in Q2 of 2016 - Business Standard
Japanese automobile maker Isuzu Motors Limited is planning to roll out products from its pick-up trucks manufacturing plant, being set up on 107 acre at Sri City in Chittoor district of Andhra Pradesh, in the second quarter of 2016, according to... The Rs 3,000-crore facility will initially have a capacity of 50,000 units a year at SoP (Start of Production), with scope to be further scaled up to 120,000 units a year in future, depending on the market requirement. "We are aiming at 80 per cent localisation at SoP, with plans to increase the localisation levels to 100 per cent in the future," he said, adding that the initial focus would be to cater to the domestic demand. Isuzu, which entered the Indian pick-up truck market with its D-Max range in mid-2012, has sold over 1,300 units of D-Max pick-ups till June 2015. Stating that the Indian pick-up trucks market is growing at a rapid pace and is expected to grow... Source: www.business-standard.com
