Mumbai, May 1 (CXO Media): Toyota Motor is set to significantly expand its manufacturing footprint in India with plans to build three new vehicle assembly plants in Maharashtra.
The move is part of a broader strategy to increase its production capacity in the country to one million units annually by the 2030s.
The three facilities will involve a combined investment of about $1.9 billion. The first plant is expected to begin operations in 2029, while the remaining two are scheduled to open in the following decade.
Maharashtra was chosen due to its proximity to the Port of Mumbai, which will help Toyota use the new plants as export hubs. Alongside meeting domestic demand, the company plans to supply vehicles to markets in the Middle East and Africa, regions seen as having strong demographic and trade ties with India.
The new plants will produce a mix of vehicles, including a three-row SUV under the Corolla name and plug-in hybrid models. This lineup is aimed at catering to growing demand in India and other emerging markets.
Once all three plants are operational, Toyota will have six manufacturing facilities in India. This expansion is expected to make India the company’s fourth-largest global production base, behind Japan, China, and the United States.
India’s automotive market continues to grow rapidly. In 2025, annual light vehicle sales crossed 5.19 million units and are projected to reach 6.44 million units by 2030. Rising demand in Africa and the Middle East is also expected to support Toyota’s long-term export strategy.
The expansion comes as global automakers increase their investments in India.
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