Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Isuzu Motor Rs 3,000-crore Sri City plant to go online in April making pick up trucks.


Date: 02-12-2015
Subject: Isuzu Motor Rs 3,000-crore Sri City plant to go online in April making pick up trucks
CHENNAI: Japanese automaker Isuzu Motors new plant, coming up at an investment of Rs 3,000 crore at Sri City Special Economic Zone, is under final phase of construction and will likely go on stream in April.

A delegation from Isuzu Motors visited the SEZ situated at Tada, about 110 km from here, a press release said today.

"The team went around the campus and visited the Isuzu plant, which is under the final phase of construction. Commercial production of the pickup trucks is expected to begin in April 2016. Isuzu is investing Rs 3,000 crore facility," the release said.

Aimed at increasing the local component, Isuzu Motors plans to source components from 200 vendors in India when it begins production.

With the procurement of components, the company plans to achieve 70 per cent localisation. The company has set a target of reaching 100 per cent localisation within three years.

The plant would have an initial capacity of producing 50,000 units, which can be ramped upto 1.20 lakh units.

"With the presence of major OEMs like Kobelco Group, Isuzu, Hero Corp and several automotive ancillary industries like NS instruments, Nittan Valve, Piolax, there exists a strong ecosystem for automobile sector in Sri City," Sri City SEZ Managing Director Ravindra Sannareddy said.

Source : economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001