India Economy Thread

[indo17787]

Toyota deputy MD Swapnesh R. Maru said Toyota had already taken possession of 800+ acres, finished fencing and started land levelling. Crucially, he said a majority of Toyota's parts suppliers had also received access to their land.

He put another 400-500 acres aside for parts suppliers and estimated their investment at ₹4,000-5,000 crore over and above Toyota's ₹20,000 crore.

On fast-track: Toyota Kirloskar Motor and its suppliers take possession of land for Bidkin auto hub, aggregate investment in ecosystem to top Rs 25,000 crore

With fencing complete and levelling work on, plant work to commence by early 2026 after Toyota HQ finalises products, power train for the plant.

indianexpress.com

 

[kambhakt]

Why are we responding to the economy trolls. Ignore them and they will disappear.

 

[NeptunesVortex]

Toyoda Gosei to Establish New Plant for Automotive Interior & Exteriors in West-Central India | News | Toyoda Gosei Co., Ltd.

www.toyoda-gosei.com

InvestmentApprox. INR 5.758 billion (approx. JPY 9.3 billion)

That's about 600M$ in this project alone.

₹5.758 billion = ₹575.8 crore.
Because ₹1 billion = ₹100 crore, the conversion is simply:
5.758 × 100 = 575.8 crore.

So, the investment you quoted is approximately ₹575.8 crore or roughly ₹576 crore.

 

[Vikramaditya1]

Things are so bad apparently we are the second largest exporter of diesel fuel.