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Toyota to build SUV plant in Maharashtra by 2029

New facility to make 1 lakh vehicles a year and create 2,800 jobs

Toyota Kirloskar Motor has announced plans to set up a new manufacturing plant in Maharashtra, expanding its operations in India’s growing auto market.

The facility will be located in the Bidkin Industrial Area and is expected to begin production in the first half of 2029. Once operational, it will have an annual capacity of around 1 lakh vehicles.

The plant will focus mainly on producing a new SUV model, along with full vehicle manufacturing processes such as welding, painting, and final assembly. It is expected to generate about 2,800 jobs.

Toyota said the new unit is part of its long-term plan to strengthen its presence in India and meet rising demand, especially for SUVs, which remain one of the fastest-growing segments in the country.

With production set for 2029, the Maharashtra plant is expected to play a key role in Toyota’s future SUV lineup for both domestic and export markets.

The company also plans to use the facility to support exports to nearby international markets, making it part of a wider global supply strategy.

While investment details have not been disclosed, the project is seen as a major step in Toyota’s expansion in India, where it already operates manufacturing plants in Karnataka.

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