Tokyo - Japanese car giant Toyota is to build a new car manufacturing plant in India which will produce around 100,000 vehicles including the Toyota Corolla and a new small car annually from 2010 onwards, the company announced Friday. The investment came to around 35 billion yen (347 million dollars).
Since 1997, Toyota has been producing in India with the Indian Kirloskar Motor Private as part of a joint venture.
Last year, Japan's leading car maker sold 54,000 cars in India and increased its market share to 2.7 per cent, Kyodo news agency reported.
