Toyota to Build New Plant in India to Make SUV Model (1)

Toyota Motor Corp. is adding another vehicle assembly plant in India to meet growing domestic demand and boost exports to nearby countries.

The world’s largest automaker announcedthe new factory will create about 2,800 jobs and be built in the Indian state of Maharashtra at an industrial site more than 300 kilometers (186 miles) inland from Mumbai. Toyota aims to start production with its local partner of a new, as yet unspecified SUV model there by the first half of 2029 at an initial rate of 100,000 vehicles a year.

The new facility will join two existing plants in India ...