Maharashtra: Toyota to set up Rs 25,000 Crore plant in Sambhajinagar

Toyota Kirloskar Motor (TKM) and the Maharashtra government’s industries department will on Wednesday sign a memorandum of understanding (MoU) for the company to set up a Rs 25,000 crore automobile plant in Chhatrapati Sambhajinagar.

“Toyota Kirloskar Motor’s decision to invest in Maharashtra assumes importance. Once again, it has been established that Maharashtra is a favoured destination for investors,” deputy chief minister Devendra Fadnavis