Manufacturing at a Toyota Kirloskar Motor's Factory as Automaker Halts India Expansion Due to Taxes

A Toyota Fortuner sports-utility vehicle (SUV) sits at the Toyota Kirloskar Motor Ltd. plant in Bidadi, Karnataka, India, on Wednesday, Sept. 9, 2020. Toyota Motor Corp. won't expand further in India due to the country's high tax regime, a blow for Prime Minister Narendra Modi, who's trying to lure global companies to offset the deep economic malaise brought on by the coronavirus pandemic. Photographer: Dhiraj Singh/Bloomberg via Getty Images
A Toyota Fortuner sports-utility vehicle (SUV) sits at the Toyota Kirloskar Motor Ltd. plant in Bidadi, Karnataka, India, on Wednesday, Sept. 9, 2020. Toyota Motor Corp. won't expand further in India due to the country's high tax regime, a blow for Prime Minister Narendra Modi, who's trying to lure global companies to offset the deep economic malaise brought on by the coronavirus pandemic. Photographer: Dhiraj Singh/Bloomberg via Getty Images
Manufacturing at a Toyota Kirloskar Motor's Factory as Automaker Halts India Expansion Due to Taxes
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Date created:
08 September, 2020
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INDIA TOYOTA
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