New Plant to roll out the first model in 2026
Toyota has signed a Memorandum of Understanding with the authorities of Karnataka to installation a 3rd production plant in India, which might growth its production potential with the aid of 1 lakh devices consistent with annum. The upcoming plant may also be situated at Bidadi near Bangalore – near the existing –and will appeal to an funding of round Rs 3,three hundred crores. It may even generate approximately 2,000 new jobs.
Toyota to make investments around Rs Three Hundred crore for brand new plant.
Will be the manufacturing base of an all-new three-row SUV.
To have a production capability of 1 lakh units in keeping with annum.
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Toyota’s current flora at Bidadi have a blended output of approximately four lakh gadgets according to annum, and this new plant – operational through 2026 – will add approximately 30 percent to Toyota’s production potential. This assertion comes at the returned of the brand finishing 25 years in India.
This new plant may be the primary manufacturing base for an upcoming 3-row SUV, which, as we’ve got suggested formerly, will be a longer model of the Corolla Cross sold remote places. It’s codenamed the 340D and Toyota is expected to provide 60,000 units annually, with a release possibly by using 2026.
Toyota 3-row SUV Production to start from new plant
The Corolla Cross-based SUV for India could be underpinned by using Toyota’s TNGA-C platform, which is likewise used by the Innova Hycross. Globally, the Corolla Cross has a wheelbase of 2,640mm, however the India-spec version will possibly be lengthened by using approximately 150mm, enough to feature a third row of seats.
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Not a lot is known on the styling front, but Toyota ought to select to differentiate it from the Corolla Cross with a new nostril and new tender components, inclusive of a plastic bumper, grille and headlights. Given the extra period, it’s going to also have a completely new rear give up. The upcoming 340D SUV, however, will no longer be precise to India, and is likely to be exported to different markets as well, even though it’s not known if it will spawn a Maruti derivative.
Future IMV zero platform-based fashions headed to India
At the Japan Mobility Show that concluded final month, Toyota showcased the brand new IMV 0 ladder-body platform, a low-fee version of the IMV platform that underpins the Innova Crysta and Fortuner. This platform will spawn more low cost alternatives of vehicles just like the Hilux pickup truck and Fortuner SUV and is India-bound. It, however, remains to be seen which plant it is going to be produced in.
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