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Sofia Rodriguez
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Toyota to Establish New R&D Facility in India by 2027
Toyota plans to establish a Research and Development facility in India by 2027, creating 2,000 jobs and expanding with an additional 3,000 engineers. Located in Bengaluru, the facility will initially serve the Indian market before focusing on global needs. The partnership with Suzuki will enhance R&D efforts, particularly in electric vehicles.
In a significant development for the Indian automotive sector, Toyota has announced plans to establish a Research and Development (R&D) facility in India by 2027. This initiative will be executed through its long-standing subsidiary in the country, which has been operational for over 25 years. The new R&D center will be situated in Bengaluru, near Toyota’s manufacturing plant in Bidadi, as reported by Bloomberg.
The new R&D hub is expected to create approximately 2,000 jobs and expand its workforce with an additional 3,000 engineers over the next two years. Initially, the focus of this center will be on catering to the Indian market, with an eventual ambition to support global automotive needs. This development positions India as a potential global hub for Toyota’s R&D and manufacturing, particularly for regions such as the Middle East, East Asia, and Oceania.
Additionally, Toyota plans to study Suzuki’s R&D operations located in Rohtak, which is one of India’s largest automotive engineering centers, employing around 3,000 personnel. The partnership between Toyota and Suzuki is notable, having produced notable models including the Toyota Urban Cruiser HyRyder and the Maruti Grand Vitara, enhancing collaboration in platform and parts sharing.
Historically, Toyota had contemplated establishing an R&D facility in India back in 2010. This new venture represents a strategic move to strengthen ties with Suzuki for coordinated R&D and product development, especially in the electric vehicle sector. Toyota currently holds a 5.4 percent stake in Suzuki, further solidifying their partnership.
In related news, Maruti Suzuki is poised to unveil the e Vitara, its inaugural electric vehicle in India, shortly. Complementary to this, Toyota has revealed its version of the vehicle, the Urban Cruiser EV, which was introduced last year. Both models will be manufactured at Suzuki’s Gujarat plant and will cater to international markets upon export.
In summary, Toyota’s intention to establish a new R&D facility in India by 2027 marks a pivotal expansion in the Indian automotive landscape. This facility is anticipated not only to generate significant employment opportunities but also to transform India into a vital hub for Toyota’s R&D efforts globally. The strengthened partnership with Suzuki further enhances capabilities in product development, especially in the electric vehicle sector.
Original Source: www.financialexpress.com
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