BANGALORE, India -- Since its startup in 1997, Toyota Motor Corp.’s joint venture with Kirloskar Group of India has been quietly weaving a magic thread for a winning Indian run. But no one took Toyota seriously until its game plan recently surfaced: 1 million cars by 2011, a substantial market share and a global car hub in India thereafter. Kosuke Yamamoto, executive vice president, explains Toyota’s approach: "It was better to come to the market after doing the research and understanding ...
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