Tag Archives: car manufacturers

Toyota Motor Corp. said Tuesday that it remains committed to the Indian market and its local unit announced an investment of more than ₹Rs 2 billion, just hours after a report quoted a senior company official as saying the company will halt its expansion plans due to high taxes on …

India plans to offer incentives for value ₹1.68 trillion ($ 23 billion) to attract companies to establish manufacturing in the South Asian nation, people with knowledge of the matter said. The government of Prime Minister Narendra Modi will offer production-linked incentives to automakers, solar panel makers and specialty steel to …