Toyota to double India capacity to 310,000 cars in 2013

Newswire

TOKYO, July 27 (Reuters) - Toyota Motor Corp said on Wednesday it would spend an additional 17.2 billion yen ($220 million) to boost output capacity in India to 310,000 vehicles a year in 2013, in its second announcement of an expansion there in as many months. Exactly a month ago, the world's biggest automaker said it would raise capacity in India to 210,000 vehicles a year in the first half of 2012, investing about 4.9 billion yen. Local unit Toyota Kirloskar Motor will take capacity ...

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