In recent developments, Isuzu Motors India Private Limited, a
subsidiary of Isuzu Motors Limited, Japan, has signed an agreement with
Hindustan Motors Limited (HML) for contract manufacturing of Isuzu SUVs
and pickup trucks in India.
The good
news is that the components for producing these vehicles will be
imported by Isuzu Motors from Thailand and assembled in HML’s factory.
Isuzu Motors will supply the MU-7 SUV and the D-Max pickup truck in
India for which two dealerships in India are already operational, one in
Hyderabad and the other in Coimbatore.
Mr.
Takashi Kikuchi, President, Isuzu Motors India Private Limited, said,
“We are very confident about the growth prospects of the SUV and LCV
market in India, notwithstanding the current slowdown. The collaboration
with Hindustan Motors will support us by carrying out assembly of our
products at Thiruvallur which is about 70 kms from Sri City, Andhra
Pradesh. The Thiruvallur facility is one of the best automotive
manufacturing facilities in India, and can meet the high quality
standards of Isuzu Motors." Isuzu has also inked an agreement with the
Andhra Pradesh Government for land to setup their own manufacturing
facility in Sri City, a well-connected industrial hub which, as
mentioned earlier, is near HML’s Thiruvallur factory.
No comments:
Post a Comment