Toyota, Honda Turn India Into Car Production Hub in Pivot Away From China
9 Articles
9 Articles
Toyota, Honda turn India into car production hub in pivot away from China
TOKYO: Toyota, Honda and Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country’s growing importance as a manufacturing hub as Japanese automakers redraw global supply chains to reduce dependence on China.
The Asian automotive industry's centre of gravity is moving fast. Toyota, Suzuki and Honda have just announced massive investments in India, totalling more than $11 billion. The goal is to transform the country into an industrial and export pillar, while Japanese manufacturers are seeking to reduce their dependence on China and its resulting economic turbulence. Toyota, Honda and Suzuki are accelerating Toyota's pace is strengthening their posit…
India becomes key production hub as Japanese carmakers cut dependence on China
New Delhi: Toyota, Honda and Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country’s growing importance as a manufacturing hub as Japanese automakers redraw global supply chains to reduce dependence on China. Toyota, the world’s largest carmaker, and Suzuki, the leader in the Indian market with almost a 40% share, have separately announced investments totalling $11 billion to beef up manufacturin…
Japan’s carmakers make India the new hub as China turns into a price war
Japan’s carmakers make India the new hub as China turns into a price war November 6, 2025 Posted by: Quatro Strategies Categories: Asia Pacific, EVs & Battery Technology, India No Comments Subscribe to unlock this insight. START YOUR TRIAL NOWALREADY A MEMBER? .vc_custom_1452662201783{margin-right: 0px !important;margin-bottom: 40px !important;margin-left: 0px !important;}.vc_cust…
Japanese Automakers Invest $11 Billion to Make India a Global Manufacturing Hub
Japanese car giants Toyota, Honda, and Suzuki are ramping up investments in India, collectively committing around $11 billion to expand production and build new factories, signaling the country’s growing prominence in the global auto industry. The move comes as automakers seek to reduce dependence on China and capitalize on India’s vast labor force, competitive costs, and favorable policies under Prime Minister Narendra Modi’s government. Toyota…
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