What's the story

Toyota is gearing up for a major expansion in the Indian market, with plans to launch 15 new or refreshed models by 2030. The company's strategy comes as part of its goal to increase its market share from the current 8% to 10% in the coming years. India has become Toyota's third-largest global market after the US and China, thanks to rising sales and record profitability.

Upcoming launches

Capacity expansion and new plant in Maharashtra

The new lineup will include two all-new SUVs and an affordable pickup truck. The company is also looking at a capacity expansion plan which would take its annual output in India over one million units once its new plant starts operations. Toyota has committed $3 billion to expand its existing Bidadi plant in Karnataka and build a new

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