Isuzu banks on growing UV market, export

It sold approximately 3,000 units in FY17, with some of these being CVs

Isuzu, the Japanese manufacturer, says it expects to benefit from a fast expanding utility vehicle (UV) segment. It also plans to use India as a base to export vehicles to some of the 100-plus markets catered to by the group, which has operations in 25 countries.

The company inaugurated its India plant in April last year. The Rs 3,000-crore facility has annual capacity for 50,000 units, which can be scaled up to 120,000 vehicles. The company entered India in 2012 and was using Hindustan Motors' plant in Tamil Nadu under a contract manufacturing agreement, to make utility and commercial vehicles