Photo: Toyota
Toyota is looking to set up a production unit in India for its hybrid vehicles in an attempt to offer cheaper alternatives to conventional cars on the local market, the Japanese automaker announced today.
Toyota’s Indian subsidiary, Toyota Kirloskar Motor, said that the company has already started negotiations with the Indian government to build an assembly plant in the country.
"We are conducting a feasibility study of assembling hybrid vehicles in India, but it is subject to the government support. This policy will also help us lay targets & provide a structured roadmap to achieve significant penetration of the efficient and environment friendly hybrid technology in India." said Sandeep Singh, DMD and COO of Indian subsidiary Toyota Kirloskar.
If all goes according to plan, Toyota will commence its Indian production with the Prius hybrid.
Story via TimesOfIndia
"We are conducting a feasibility study of assembling hybrid vehicles in India, but it is subject to the government support. This policy will also help us lay targets & provide a structured roadmap to achieve significant penetration of the efficient and environment friendly hybrid technology in India." said Sandeep Singh, DMD and COO of Indian subsidiary Toyota Kirloskar.
If all goes according to plan, Toyota will commence its Indian production with the Prius hybrid.
Story via TimesOfIndia
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