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Toyota to invest over Rs 1000 crore in India, doesn’t rule out Daihatsu’s entry

  • Thread starter V.Balasubramani
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V.Balasubramani

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Toyota to invest over Rs 1000 crore in India, doesn’t rule out Daihatsu’s entry


MUMBAI: Enthused by the smart financial turnaround by its Indian subsidiary, Toyota Motor Corporation is committing fresh funds for Toyota Kirloskar. On the cards are an investment in a new engine plant and new projects (Innova, Fortuner and a mid-size sedan), that will entail a combined minimum investment of about Rs 1,000 crore in the next couple of years.

In an interview to ET, Takeshi Uchiyamada, the Toyota Motor chairman was candid when quizzed on the much speculated Daihatsu bra ..


Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
 
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