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Isuzu India expects sales to grow 60 pct in 2018

Auto News - Published on Tue, 07 Aug 2018

Image Source: ET
CNBC TV18 reported that Japanese automobile maker Isuzu expects its sales in India to grow around 60% this year riding on strong demand for pick-up trucks in smaller cities and towns, according to a senior company official. The company, which sells pick-up trucks and an SUV here in India, is also planning to scale up exports from its plant in Andhra Pradesh.

Mr Ken Takashima Deputy Managing Director and Executive Vice-President of Isuzu Motors India told PTI that "In the short time that we have been present in India, we have been able to make gradual progress. Last year we doubled our sales to around 5,000 units. This year we are expecting a 60 per cent growth over it."

Isuzu manufactures and sales pick-ups (passenger and commercial variants) and SUV here in the country. Its plant in Andhra Pradesh, which has an initial capacity of 50,000 units, became operational in April 2016.

When asked about the growth drivers, he said that "We are seeing an equal demand for both commercial and passenger variants."

In the last five years since its entry in India, Isuzu has sold a total of 10,000 vehicles in the country.

Source :

Posted By : Nanda Koijam on Tue, 07 Aug 2018
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