Isuzu Motors to set up Rs 1,000 crore plant in Andhra Pradesh
Last Updated at
- 07:59 pm, January 28, 2013
Will soon enter the Indian passenger car segment with the much-awaited MU-7 SUV.
Isuzu is a Japanese commercial vehicle manufacturer known for its trucks of all sizes. Although it already has a fair bit of presence in India thought its alliance with Swaraj Mazda Limited, the company has been mulling to enter the ever growing commercial and more importantly, multi utility vehicle segment in India.
Isuzu Motors is now revving up its plans to set up a brand-new manufacturing facility in Andhra Pradesh. Isuzu plans to invest about Rs 1,000 crore on the manufacturing plant that will churn out nearly 50,000 vehicles a year.
The company will soon enter the passenger car segment with the MU-7 SUV and the D-Max pickup. The Force One-sized MU-7 is said to carry a price tag of less than Rs 15 lakh, which means Isuzu will soon be seen competing with the likes of Mahindra XUV500 and Tata Safari Storme
First Published on 07:59 pm, January 28, 2013
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