Toyota Motor plans to build three ​vehicle assembly plants in Maharashtra ‌as automakers shift focus to emerging ​markets from stagnating ones such as ⁠the United States and China, the Nikkei newspaper said on Friday (May 1, 2026).

The new facilities will triple production capacity ‌for the world’s biggest automaker to one million units in India by ‌the 2030s, with total estimated investment of ‌300 ⁠billion yen ($1.9 billion), the paper said.