Toyota will build a new automobile assembly plant in India to meet the growing domestic demand and enhance its export capacity to neighboring countries. Toyota stated that the new factory will be located within an industrial park in Maharashtra, about 300 kilometers from Mumbai, and is expected to create approximately 2,800 jobs. Toyota plans to collaborate with local enterprises and begin producing an SUV at the facility starting in the first half of 2029, with an initial annual production capacity of 100,000 units.

Image source: internet

Original article: toutiao.com/article/1864957417122891/

Disclaimer: The views expressed in this article are solely those of the author.