Toyota to build new plant in India by 2010

thainogkok · 12th February 2007, 12:40

Toyota to build new plant in India by 2010: report | Reuters

nbr · 12th February 2007, 12:53

Finaly, it seems, TOYOTA is speaking serious business in INDIA. If TOYOTA use their true business tactics, in INDIA, " TATAs " and "MARUTI" , be prpared to fight against a mighty competitor, who is ready to go to any extent to capture the market.

theMAG · 12th February 2007, 15:17

They need good affordable models first that the Indian public can relate to. Else that 2nd factory can be used for growing sugarcane or a barn for producing milk and manure.

esteem_lover · 12th February 2007, 15:19

Are they hoping to see whirlwind sales of the corolla or the innova ?

iraghava · 12th February 2007, 15:39

Unless they come up with something very nice & worthy I don't see the investment being justified. Maybe the new Corolla or the small car would be good but it's still unknown.

For the benefit of us customers, let's hope they come out with some good products.

rahul_intlad · 12th February 2007, 17:14

Quote:

Unless they come up with something very nice & worthy I don't see the investment being justified.

According to the report, the small car to be rolled out from the proposed new plant would be priced at about 8,00,000 yen (approximately Rs 2,88,000), the lowest price of Toyota cars.

Source:
Toyota plans $429 mn investment on car plant-Automobiles-Auto-News By Industry-News-The Economic Times

theMAG · 12th February 2007, 19:29

They might use that plant for exports. If thats the case, the net effect for Indian consumers would still be nought.

rahul_intlad · 16th February 2007, 19:00

Toyota Has No Plans for New India Plant

Toyota Motor Corp. has no concrete plans to build a new factory in India but is considering the introduction a new small car to tap growing automobile demand in emerging markets, a company spokesman said Tuesday.
The remarks came after the respected Nihon Keizai business newspaper reported Japan's biggest automaker plans to spend up to 50 billion yen (US$413 million; euro317.52 million) on a new Indian factory, to be built near the company's first assembly plant in Bangalore.

Source:
Toyota Has No Plans for New India Plant (AP) - Kiplinger.com
+
Toyota Fears U.S. Backlash, Denies Plans For India - 2/13/2007 6:51:00 AM - Manufacturing.Net - CA6416030

LandCruiser · 26th June 2007, 23:09

Toyota has gone from sleeping to dead I think. The car mags dont even have a scoop on any upcoming Toyota these days.

Volvo is coming, VW is coming. All these people are going to sell expensive cars! Toyota has surely lost its way. They are not even stung by the success of Honda! Shame really!

12th February 2007, 12:40	#1
thainogkok BHPian Join Date: Nov 2005 Location: Some where i belong Posts: 189 Thanked: 3 Times	Toyota to build new plant in India by 2010 Toyota to build new plant in India by 2010: report \| Reuters
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12th February 2007, 12:53	#2
nbr BHPian Join Date: Dec 2006 Location: MANGALORE/BALEHONNUR/DUBAI Posts: 438 Thanked: 47 Times View My Garage	Finaly, it seems, TOYOTA is speaking serious business in INDIA. If TOYOTA use their true business tactics, in INDIA, " TATAs " and "MARUTI" , be prpared to fight against a mighty competitor, who is ready to go to any extent to capture the market.
	() Thanks

12th February 2007, 15:17	#3
theMAG Distinguished - BHPian Join Date: May 2006 Location: Avon, CT Posts: 7,217 Thanked: 1,807 Times View My Garage	They need good affordable models first that the Indian public can relate to. Else that 2nd factory can be used for growing sugarcane or a barn for producing milk and manure.
	() Thanks

12th February 2007, 15:19	#4
esteem_lover Senior - BHPian Join Date: Jul 2006 Location: Madras/Py Posts: 7,556 Thanked: 502 Times View My Garage	Are they hoping to see whirlwind sales of the corolla or the innova ?
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12th February 2007, 15:39	#5
iraghava Senior - BHPian Join Date: Oct 2005 Location: Bhaiyyaland Posts: 8,033 Thanked: 265 Times View My Garage	Unless they come up with something very nice & worthy I don't see the investment being justified. Maybe the new Corolla or the small car would be good but it's still unknown. For the benefit of us customers, let's hope they come out with some good products.
	() Thanks

12th February 2007, 19:29	#7
theMAG Distinguished - BHPian Join Date: May 2006 Location: Avon, CT Posts: 7,217 Thanked: 1,807 Times View My Garage	They might use that plant for exports. If thats the case, the net effect for Indian consumers would still be nought.
	() Thanks

16th February 2007, 19:00	#8
rahul_intlad Senior - BHPian Join Date: Aug 2006 Location: Pune Posts: 1,579 Thanked: 4 Times	Toyota Has No Plans for New India Plant Toyota Motor Corp. has no concrete plans to build a new factory in India but is considering the introduction a new small car to tap growing automobile demand in emerging markets, a company spokesman said Tuesday. The remarks came after the respected Nihon Keizai business newspaper reported Japan's biggest automaker plans to spend up to 50 billion yen (US$413 million; euro317.52 million) on a new Indian factory, to be built near the company's first assembly plant in Bangalore. Source: Toyota Has No Plans for New India Plant (AP) - Kiplinger.com + Toyota Fears U.S. Backlash, Denies Plans For India - 2/13/2007 6:51:00 AM - Manufacturing.Net - CA6416030
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26th June 2007, 23:09	#9
LandCruiser BHPian Join Date: Jul 2005 Location: Chennai Posts: 712 Thanked: 51 Times View My Garage	Toyota has gone from sleeping to dead I think. The car mags dont even have a scoop on any upcoming Toyota these days. Volvo is coming, VW is coming. All these people are going to sell expensive cars! Toyota has surely lost its way. They are not even stung by the success of Honda! Shame really!
	() Thanks