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Toyota to increase focus on hybrids in India from 2017

India plays a significantly important role for Toyota Motor Corporation in its global scheme of things. It’s one of the reasons the carmaker has made large investments in the Indian market. The most recent move was the inauguration of its diesel engine plant in Bengaluru. However, soon after that event, the NGT came down harshly on diesel-powered vehicles in the National Capital Region (NCR), barring their sale altogether. The setback caused for Toyota a staggering `1,700 crore loss, not to mention the inability to offer its just launched...

Updated Date: Jan 02, 2017 09:30 AM

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