Toyota to Establish New R&D Facility in India by 2027
Toyota plans to set up a Research and Development (R&D) facility in India by 2027 through its subsidiary, creating 2,000 jobs and an additional 3,000 engineers over two years. Located in Bengaluru, the center will focus on local and eventually global automotive needs. Toyota is also collaborating with Suzuki to enhance electric vehicle development, tying together both companies’ R&D efforts.
Toyota, a renowned automobile manufacturer, is set to establish a new Research and Development (R&D) facility in India by 2027, representing a significant advancement for the country’s automotive sector. This new center will be established through Toyota’s Indian subsidiary, which has been active for over 25 years.
The R&D center is planned to be located in Bengaluru, in proximity to Toyota’s manufacturing site in Bidadi. According to a report by Bloomberg, this facility will be operational by 2027, marking Toyota’s third R&D unit in the Asia-Pacific region following Thailand and China. The center is expected to create 2,000 jobs and aims to recruit an additional 3,000 engineers within two years.
Initially focused on the Indian automotive market, the R&D facility is projected to shift towards addressing global automotive requirements over time, potentially positioning India as a significant hub for Toyota’s R&D and manufacturing efforts. Future projects will encompass the development of vehicle models tailored for regions such as the Middle East, East Asia, and Oceania.
In its strategic planning, Toyota is currently evaluating Suzuki’s R&D facility in Rohtak, which employs around 3,000 personnel and stands as one of India’s largest automotive engineering centers. This analysis aligns with Toyota’s collaborative efforts with Suzuki, which include joint platform and parts sharing, resulting in models like the Toyota Urban Cruiser HyRyder and Maruti Grand Vitara.
Previously, in 2010, Toyota considered initiating an R&D center in India. However, the present focus is on deepening its partnership with Suzuki to integrate R&D and product development, particularly concerning electric vehicles (EVs) in India. Notably, Toyota possesses a 5.4% stake in Suzuki, further strengthening their collaboration.
In alignment with these developments, Maruti Suzuki is set to introduce the e Vitara, its first electric vehicle in India, within a few weeks. Concurrently, Toyota unveiled its version of the e Vitara, known as the Urban Cruiser EV, which was introduced last year. Both vehicles will be manufactured at Suzuki’s Gujarat facility in India and are intended for export to various international markets.
In conclusion, Toyota’s initiative to establish a new R&D facility in India by 2027 signifies a pivotal advancement for the Indian automotive industry. This facility will focus initially on local demand but will transition to meeting global automotive needs, enhancing India’s role in Toyota’s operations. The collaboration with Suzuki further strengthens this initiative, aiming to revolutionize electric vehicle development and production in India, thereby benefiting both companies and the local economy.
Original Source: www.financialexpress.com
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