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Toyota Motor to introduce small-car in India

Japan's Toyota Motor Co. is set to introduce small car in India by 2009, to be manufactured in its Bangalore unit

Apnaloan.com Research Bureau

23 Aug 2007

Japanese auto maker Toyota Motor Corp is planning to launch a car in the compact segment or small car within the next two years in India and to build a second manufacturing unit in Bangalore, the company said.

The company is looking at all the emerging market, said Fujio Cho, chairman of the board of Toyota on the sidelines of the India-Japan Business Leadership Forum held in New Delhi.He also said that the firm has plans to set up its second auto manufacturing facility in Bangalore, where they already have a unit. The new plant might come up in the existing facility itself, which will add additional capacity.