Key management changes at Isuzu Motors India

Chennai, 01, April 2015

Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced key changes in the management w.e,f April 01, 2015. Mr. Naohiro Yamaguchi, General Manager, LCV Sales Project Dept. at Isuzu Japan, will take over as Managing Director of Isuzu Motors India (IMI) and will be responsible for the overall operations of the company. Mr. Hiroyasu Miura, Executive Officer and Executive in-charge of Manufacturing Engineering Planning Dept, Vehicle Manufacturing and New Business Development at Isuzu Japan, joins as the Chairman at Isuzu Motors India and will be responsible for product engineering & development. Mr. Taizo Nakahigashi, Senior Vice President at Isuzu Motors India will take over as the Chief Executive Officer at Isuzu Hicom Malaysia Sdn. Bhd. The changes in the management is as per the business plans of the company.


Mr. Takashi Kikuchi will take-over as President of Isuzu Motors Co., Thailand and also assume the role of ‘Senior Executive Officer’ at Isuzu, Japan. He will continue as the part-time board member at Isuzu Motors India.


Mr. Kikuchi has been instrumental in setting up Isuzu Motors India. Since its inception in 2012, he has successfully driven the initial phase of Isuzu operations in India. Towards establishing Isuzu in India, Mr. Kikuchi has laid a strong growth path by establishing the current organisation. Under him, IMI has successfully established the strength of Isuzu products in key segments and continues to provide a new dimension to products in the market in the Pick-up and SUV segments. Key achievements of Mr. Kikuchi include the tie-up with Hindustan Motors for the assembly of CKDs, fast-progressing construction of the new IMI manufacturing plant at SriCity, in Chitoor district of Andhra Pradesh, tie-ups with several Component Suppliers towards IMI’s goal of localisation and fast expanding dealership network comprising 18 dealership outlets as on date.


Mr. Takashi Kikuchi said, “It has been a very interesting journey so far in India and I am very happy that Isuzu Motors India has seized the right opportunity in the market. With the strong focus on quality, Isuzu will make a very interesting impact in the Indian automobile industry. While I shall be taking over a new responsibility, I will be keenly watching the progress at IMI in my capacity as part-time board member of IMI and otherwise. Also, as I shall take-over the charge of Isuzu’s manufacturing plant in Thailand which is the principle manufacturer of Isuzu Pick-up Trucks and SUVs, globally, I look forward to supporting the Indian operations in all ways.”


Mr. Naohiro Yamaguchi who was responsible for the LCV Sales Project at Isuzu, Japan will bring his rich experience in the area of sales operations and strategy to India and will further accelerate Isuzu’s growth in the country, as it gears up towards its full-fledged operations in India by 2016.


In his previous role, Mr. Yamaguchi was responsible for overseas sales operations and business development at Isuzu Motors in Japan, Thailand and Europe. He was one of the key members of the India project team at Isuzu, Japan.


Mr. Naohiro Yamaguchi, Managing Director, IMI, said, “It is indeed a very interesting role that I assume in India. Knowing the growing demand for high-quality, Isuzu has the right setting to offer its world-class products to customers in India. Towards this, Isuzu is already well on its way to establishing a strong organisation, world-class processes and systems to offer the Indian customer the benefit of high quality. I thank Mr Kikuchi for paving the way for growth and ensuring the set-up of IMI, thus far. I also look forward to taking the same further to establishing the strong brand of Isuzu in India.”


At the same time, Mr. Hiroyasu Miura joins as the Chairman at Isuzu Motors India and will be primarily responsible for product engineering & development in the company. He comes with a rich experience in the areas of vehicle production and quality control in Japan & Thailand with a global approach. Isuzu Motors India will benefit from Mr. Miura’s global expertise in product engineering as the company plans to add robust products to its portfolio in the future.


With a strong focus on class-leading Japanese production methodologies, Isuzu lays much emphasis on a very robust production system in India, to ensure very high standards of quality. Towards this end, the intensive experience of Mr. Miura will add a special dimension of focus towards standards in Production and Quality Control.


Mr. Hiroyasu Miura, said, “Isuzu is world-renowned for its high quality vehicles owing to a very strong focus on class-leading Production and Quality techniques. The same emphasis will manifest at IMI and customers in India can be very proud of our products. I look forward to my tenure in India and in my role of ensuring the highest quality standards”.


About Isuzu Motors (India)

Isuzu Motors Limited, Headquartered in Tokyo, Japan is a global manufacturer of light, medium and heavy commercial vehicles, utility vehicles and diesel engines. With operations in 25 countries, selling more than 100 countries worldwide, the company is a leader in pickups and pickup based derivatives in many markets. The company manufactures and sells close to 6 lakh units annually across the world.


Isuzu Motors India Private Limited (IMI), a subsidiary of Isuzu Motors Limited, Japan, was established in August 2012 in Chennai, Tamil Nadu. Headquartered in Chennai, Isuzu currently has a contract manufacturing agreement with Hindustan Motors (HML) under which HML is assembling CKD kits of Isuzu’s Sports Utility Vehicle MU-7 and pick-up truck D-Max, at its Thiruvallur, Chennai plant.


Isuzu began civil works on its proposed manufacturing plant site in SriCity, TADA, Chitoor District, Andhra Pradesh, in January 2014. The company had acquired 107 Acres of land in 2013 after signing a MoU with the Andhra Pradesh State Government in order to start automobile manufacturing operation in India. This new facility is likely to commence commercial operations by early 2016, with the initial production capacity at 50,000 units/ year. Isuzu will scale up the production capacity to 120,000 units/ year, with the accumulated investment of Rs. 3,000 Crore, and is expected to generate 2000 – 3000 jobs. The company has plans to open 60 dealership outlets across the country by 2016 and aims to have 160 by 2020.


Isuzu Motors India plans to achieve 100% percent localisation within three years of commencing production in 2016. It is an exemplary showcase of Isuzu’s long term commitment to the Indian market.