04 February,2015 02:23 PM IST | | PTI
Goa-based Amphibious Designs India Pvt Ltd (ADI) has joined hands with Automobile Corporation of Goa Ltd (ACGL) to manufacture amphibious vehicles that were earlier imported from foreign markets
Panaji: Goa-based Amphibious Designs India Pvt Ltd (ADI) has joined hands with Automobile Corporation of Goa Ltd (ACGL) to manufacture amphibious vehicles that were earlier imported from foreign markets.
Managing Director, ADI Carlose de Souza today said that they have already started production of these vehicles early this month. He said although it is quite a novelty in India, the company has sourced more than 80 per cent of the required components indigenously.
"This will be a great boost to both our economy, and generate employment in the coming years," he said. The company plans to primarily supply vehicles to the tourism sector in India and then expand to commercial state transport, central government projects and emergency rescue areas, he added.
"The bonus is that at ADI, we have a transfer of technology (facility) happening from the US through our American partners, who currently manufacture and supply to eight countries, including Japan, USA, and China," company's
Project Director, Durga Srinivas Tallamraju, said.
The group plans the delivery of its first two vehicles in May this year.
