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Investments Brought to Automobile Sector to Andhra Pradesh in Two Years


YSRathma

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The following are some of the significant investments in this sector.

1. iSuzu Motors - The Japanese utility vehicle manufacturer opened a Rs. 3,000 crore facility in Sri City.
No. of jobs to be created: 3,000
Capacity of the plant: 50,000 units a year. Will be scaled up to 1,20,000 units per year.

 

 

2. Hero MotoCorp - The two-wheeler giant will invest Rs. 800 crore in its plant at Madanaapalem of Chittoor district.
No. of jobs to be created - Under phase 1: 1,500 and under phase 2 - 3,500
Capacity of the plant: Under phase 1 - 5 lakh units per annum and Under phase 2 - 8 lakh units per annum.

3. Bharat Forge - This leading forging major is setting up an integrated auto-components hub in Nellore with an investment of about Rs. 1,200 crore.
No. of jobs to be created: 3,000.

4. Ashok Leyland - To set up a body building plant in Mallavalli Village in Krishna District with an investment of nearly Rs. 1,000 crore.

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