Overview
- Indian auto outlets, citing Nikkei, report Toyota plans three assembly plants in Maharashtra backed by about ¥300 billion, or roughly $1.9 billion.
- Toyota says it has not approved any new factory and is still reviewing production plans with possible local partners.
- The reported buildout targets total output in India of about 1 million vehicles a year by the end of 2030.
- The proposed Maharashtra sites would serve India and ship vehicles to buyers in the Middle East and Africa.
- Toyota Kirloskar Motor now makes about 340,000 vehicles a year in Bidadi near Bengaluru, with a third Bidadi plant due this year to add around 100,000.