Toyota to build 3 India plants, tripling output in country
Automobiles
Automaker will use facilities to export to growing Africa, Middle East markets
Toyota unveils an Urban Cruiser electric SUV for the Indian market in Mumbai on April 20. (Photo by Takanori Okabe)
RYO ASAYAMA, SHOTA UEHARA and KYOHEI SUGA
NAGOYA, Japan/TOKYO — Toyota Motor plans to build three vehicle assembly plants in India, tripling its production capacity in the country to 1 million units by the 2030s, Nikkei has learned, as automakers shift focus from stagnating markets like the U.S. and China to emerging ones.
