The Times of India reports that Toyota is considering making India its global manufacturing hub for small cars.
It is also contemplating making India an export base for its mid-size cars.
Toyota’s small car will be built on a new platform and will be manufactured in a new facility at Bidadi in Karnataka.
Toyota is the fourth car manufacturer to look at India as a global export hub for small cars, the others being Hyundai, Suzuki Maruti and Nissan.
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By GlobalData