INDIA

Toyota to Launch First India R&D Hub, Plans 1,000 Engineers & EV Expansion by 2027

Toyota.
Toyota cut its full-year profit forecast to Β₯2.66 trillion ($18B) from Β₯3.1 trillion ($21B).

Toyota Motor Corp. is establishing its first R&D centre in India near its Bidadi plant, starting with 200 employees and expanding to 1,000 engineers by 2027, highlighting the market’s rising significance.

The facility aligns with Toyota’s strategy to make India a hub for its Middle East, East Asia, and Oceania operations, focusing on clean and green technologies.

While plug-in EVs have yet to be sold in India, Toyota has relied on hybrids and its partnership with Suzuki to expand in the market. The upcoming Urban Cruiser EVβ€”a rebadged Suzuki e-Vitaraβ€”will be built in Gujarat starting in 2025.

The India R&D centre will be Toyota’s third in Asia-Pacific outside Japan, potentially evolving into a global hub like Mercedes-Benz’s Bengaluru centre.

Amid growing competition from Chinese automakers like BYD, Toyota is intensifying its focus on India for future growth.

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