7 seat Corolla Cross based SUV to be produced from 3rd factory
Toyota is set to reinforce its manufacturing presence in India with the announcement of a new plant, marking a significant milestone for the automaker in its 25th year in the country. The Memorandum of Understanding (MoU) signed between Toyota and the Karnataka government outlines plans for a third manufacturing facility in Bidadi, Karnataka. This strategic move will require an investment of approximately Rs 3,300 crores and is expected to generate around 2,000 job opportunities.
The new plant, anticipated to be…