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October 08,2024

Toyota Kirloskar acquires 827 acres for an electric car plant in Maharashtra

Toyota Kirloskar Motor has received 827 acers in Chhatrapati Sambhajinagar, Maharashtra, for a new electric and hybrid car manufacturing facility. With a planned investment of Rs 21,000 C, construction will start soon, aiming for production to begin in January 2026. The facility will produce 400,000 vehicles annually, creating 8,000 direct and 18,000 indirect jobs.

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