Japanese truck maker Isuzu Motors Ltd plans to invest around Rs 1,000 crore in India
Japanese truck maker Isuzu Motors Ltd is planning to invest around Rs 1,000 crore to set up a 150,000-unit-per-annum manufacturing facility either in Tamil Nadu or in Andhra Pradesh.
People who held talks with company officials and Tamil Nadu state government sources confirmed that Isuzu's representatives visited both states for discussions. The new facility will cater to both domestic and international markets and strengthen company's overall business structure, they said.
Isuzu has already formed an Indian entity called Isuzu Motors India, which will set up offices in Chennai, they said. The company is looking for acquiring around 500 acres for the project.
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