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Isuzu Motors India's Manufacturing Plant in AP a Success of TDP's Industrial Development Policy
Posted: Mar 20, 2023
Isuzu Motors India Private Limited, a subsidiary of Isuzu Motors, Japan, has set up its manufacturing plant in Sri City, Andhra Pradesh. The plant was inaugurated by Shri. Nara Chandrababu Naidu, the former Honourable Chief Minister of Andhra Pradesh. This plant is a crucial step initiated by the TDP Government towards promoting automotive manufacturing in Andhra Pradesh and has provided numerous employment opportunities to the local people. check out the official TDP website to know more about the TDP Contributions towards Industrial Development in AP and TDP latest news.
At the launch of the Industrial Mission programme in Vishakapatnam, Isuzu Motors India signed a Memorandum of Understanding with the Government of Andhra Pradesh under the leadership of the former chief minister of Andhra Pradesh Shri. Nara Chandrababu Naidu to facilitate investment by its suppliers in the state. Seven auto component companies nominated by Isuzu Motors India also signed an MoU with the former TDP Government in AP. These auto component companies will receive various incentives and concessions from the state government for promoting automotive manufacturing in Andhra Pradesh.
The former TDP Government in Andhra Pradesh has been committed to promoting industrial development in the state. The TDP Political leaders have worked towards creating a conducive environment for industries to invest in the state. The government's Automobile and Auto Component policy 2015-20 has been instrumental in attracting global investors to set up their manufacturing facilities in Andhra Pradesh. These TDP Policies provide various incentives and concessions to the investors to promote the growth of the automobile and auto component industry in the state.
Shri. Nara Chandrababu Naidu, the former Honourable Chief Minister of Andhra Pradesh, has been a driving force behind the state's industrial development. During his tenure as the Chief Minister, he worked tirelessly to create a business-friendly environment in the state. Along with TDP MLAs and TDP MPs, he initiated various measures to attract global investors to invest in the state. He also stated that he was happy that Isuzu Motors India had chosen Andhra Pradesh as its manufacturing centre and praised the world-class infrastructure and excellent support extended by Sri City management.
Shri. Nara Chandrababu Naidu had also announced various measures to support the growth of the automobile and auto component industry in Andhra Pradesh. At Isuzu’s request, he announced that road tax between AP and Telangana would be exempted. He had also announced a TDP Development that the existing police outpost in Sri City would be upgraded to a full-fledged police station headed by a Dy. Superintendent. To impart skills among the local youth, he had declared a Skill Development Centre would be opened in Sri City. To meet the housing demands of the industrial worker, he had said the state government would build a mega township in the close vicinity of Sri City.
Isuzu Motors India's manufacturing plant in Sri City, Andhra Pradesh, is a major TDP Contribution towards promoting automotive manufacturing in Andhra Pradesh. The former TDP Government and Chittoor district TDP leaders have been instrumental in creating a business-friendly environment in Andhra Pradesh. The government's initiatives and measures have been successful in attracting global investors to set up their manufacturing facilities in the state. The TDP Policies of the state's Automobile and Auto Component policy 2015-20 have been instrumental in promoting the growth of the automobile and auto component industry in the state.
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