Nellore: Isuzu Motors India has started the local manufacturing operations with a tie-up with 120 suppliers, including Tier-I and II suppliers, for supplying auto components for vehicles manufactured in India. The localisation level will continue to increase in future. A few key suppliers of IMI have also signed a MoU with the Government of Andhra Pradesh for setting up their manufacturing plant in the region. In time Isuzu will also explore the opportunities to export components for requirements in other markets of Isuzu across the world.
Mr Ravindra Sannareddy, Managing Director, Sri City said, Isuzu has a tie-up with several component suppliers and many of them have already zeroed in on Sri City for co-locating their production units. “With the presence of auto major original equipment manufacturers (OEMs) and several automotive ancillary industries, there exists a strong ecosystem for automobile sector in Sri City. As the state government is very keen in developing this part of the state as an automobile hub, youth in this region will find ample employment opportunities,” he added.
According to Isuzu officials, the manufacturing plant of Isuzu at Sri City is spread over an area of 107 acres and has a production capacity of 50,000 units that can be scaled up to 120,000 units in future. The bookings for the new generation Isuzu vehicles will soon be started followed by deliveries at Isuzu dealerships all over India. The new generation of Isuzu D-Max pick-ups will be manufactured at the plant with 70 per cent localisation at the start of production that will be increased in future.
Isuzu will also consider export of vehicles manufactured at this plant to other markets in the world at a suitable time in future. Isuzu Motors Limited, Headquartered in Tokyo, Japan is a global manufacturer of light, medium and heavy commercial vehicles, utility vehicles and diesel engines. With operations in 25 countries, selling in more than 100 countries worldwide, the company is a leader in pick-ups and pick-up based derivatives in many markets. The company manufactures and sells over 6 lakh units annually across the world.
