Toyota to build vehicle plant in Maharashtra, India

Japanese automaker Toyota Motor has announced plans to physique a caller conveyance manufacturing works successful the Bidkin Industrial Area successful Maharashtra, India.

Production is scheduled to commencement successful the archetypal fractional of 2029.

The tract volition run nether Toyota Kirloskar Motor and is acceptable to person an yearly accumulation capableness of 100,000 vehicles.

It is besides expected to employment astir 2,800 people.

Manufacturing astatine the works volition screen stamping, welding, coating and assembly.

The installation is intended to manufacture a caller athletics inferior conveyance (SUV) model.

Toyota said the works volition beryllium acceptable up to proviso vehicles to customers successful India and adjacent regions, with the purpose of supporting a flexible effect to request maturation and marketplace changes.

The institution described the determination arsenic portion of its longstanding concern beingness successful India and acknowledged the publication of section partners and pioneers to its operations successful the country.

Toyota said it plans to proceed contributing to the improvement of India’s automotive manufacture and wider nine done the caller facility, with enactment from stakeholders and section communities.

Earlier this month, a study said the institution unveiled plans to physique 3 caller conveyance assembly plants successful Maharashtra arsenic portion of a strategy to summation its accumulation capableness successful India to 1 cardinal units by the 2030s.

The 3 facilities impact combined concern of astir Y300bn ($1.90bn).

Alongside serving the Indian market, the caller sites are intended to enactment arsenic export hubs for the Middle East and Africa.

In its latest fiscal results, Toyota Motor reported a 21.5% autumn successful operating income for FY26 arsenic US tariffs, higher costs and overseas speech headwinds affected profitability contempt resilient conveyance income and pricing.

The institution posted operating income of Y3.76tn ($39.81bn) for the fiscal twelvemonth ended March 2026, with a Y1.38tn tariff interaction exceeding gains from higher conveyance income volumes, pricing revisions and maturation successful worth concatenation revenues.

"Toyota to physique conveyance works successful Maharashtra, India" was primitively created and published by Just Auto, a GlobalData owned brand.

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