Isuzu Motors, Japan, has incorporated a new company – Isuzu Engineering Business Centre India Private (IEBCI) – in India that will be responsible for R&D and sourcing activities as well to achieve 100% localisation in India in due course of time. The new plan also coincides with the setting up of a R3,000 crore greenfield project at SriCity near Chennai.
IEBCI will primarily focus on enhancing efficiency and quality levels of Isuzu Motors India’s (IMI) products, enabling the company to achieve 70% localisation at Start of Production (SoP) and 100% localisation in the future. IEBCI will also serve as the specialised hub for sourcing parts for ISUZU’s global operations.
Naohiro Yamaguchi, managing director of Isuzu Motors India will also assume the role of director, IEBCI with immediate effect. IEBCI will support IMI to achieve 100% localisation and will ensure adherence to quality standards in sourcing parts and components for the company. The formation of IEBCI will also help Isuzu in Research & Development activities.