TY - JOUR
AB - Isuzu Motors India Pvt Ltd, the Indian subsidi- ary of Isuzu Motors Ltd recently signed a Memo- randum of Understanding (MoU) with the Andhra Pradesh government to set up a light commercial vehicle (LCV) plant at Sricity in Nellore district. Sricity, a special economic zone, was proposed as the plant location for its proximity to Chennai, being in the southern part of Andhra Pradesh. Isuzu has acquired 430,000 sq m of land to build the plant and aims to sell 100,000 units of LCV per annum. The company also believes that the Sricity plant will support Isuzu’s main LCV operation in Thailand, where the company manufactures 300,000 LCVs and SUVs in a year. As per the MoU, the company will invest ` 1,500 crore in five to seven years, by when the plant would reach peak production. In India, Isuzu presently offers pick-up India as well. The Indian plant will start manu- Moreover, the pick-up truck segment, the core truck, D-MAX and pick up derivative, MU-7 as facturing D-MAX and MU-7 from late 2015 or of Isuzu’s LCV operations, has expanded to CBU imports from Thailand. Sales started in early 2016, the release stated. about 200,000 units. The company 
TI - Agreement | Isuzu to Establish LCV Plant in Andhra Pradesh
JF - Auto Tech Review
DO - 10.1365/s40112-013-0285-z
DA - 2013-04-20
UR - https://www.deepdyve.com/lp/springer-journals/agreement-isuzu-to-establish-lcv-plant-in-andhra-pradesh-uernEHuYFp
SP - 11
EP - 11
VL - 2
IS - 4
DP - DeepDyve
ER -