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Toyota to Build New SUV Plant in Maharashtra by 2029
11 May
Summary
- A new Toyota vehicle plant will open in Maharashtra in early 2029.
- The facility will have an annual capacity of 100,000 SUVs.
- Approximately 2,800 new jobs will be created at the plant.
Toyota Kirloskar Motor has announced plans to establish a new vehicle manufacturing plant in Maharashtra, India. Operations are scheduled to commence in the first half of 2029.
The new facility will be located in the Bidkin Industrial Area and is designed with an annual production capacity of 100,000 vehicles. It will be responsible for producing a new SUV model, encompassing stamping, welding, painting, and assembly processes.
This expansion is a strategic move to strengthen Toyota's long-term operations within India. The plant is also intended to serve demand from nearby international markets.
The establishment of this plant is projected to create around 2,800 jobs upon commencement of production. Toyota currently operates two manufacturing facilities in Bidadi, Karnataka, with a combined annual capacity of 342,000 units.
