Toyota plans three new Maharashtra assembly plants to triple output to one million vehicles by 2030s

A 300 billion yen bet to reach one million vehicles

Toyota Motor is expanding aggressively in Maharashtra with three new assembly plants. The company expects the move to triple its production, targeting up to one million vehicles annually by the 2030s. The project is backed by an estimated investment of about 300 billion yen, signaling a major shift in Toyota’s India manufacturing footprint.