International Cars & Motors
| Sector | General industrial |
|---|---|
| Investment type | Growth Capital |
| Region | India |
| Status | Current investment |
International Cars & Motors is a green-field project to manufacture multi-utility vehicles, a fast-growing segment of the Indian automobile industry.
International Cars and Motors Ltd (ICML) is a manufacturer of passenger vehicles.The company has headquarters in Delhi and a state-of-the-art manufacturing location in Amb, India, set up to produce 24,000 Multi-utility vehicles (MUV) a year.
ICML’s manufacturing process and layout have been designed with best practice and maximum efficiency in mind with a view to producing high-quality and durable vehicles.
Founded by Mr L.D. Mittal in 2003, ICML has recently launched the Rhino, an MUV designed in collaboration with MG Rover of the UK, with engines sourced from Isuzu, Japan.
The Rhino received a favourable response on its launch and the company aims to sell 5,000 vehicles in its first full year of production.
