Toyota: Toyota will invest ₹ 20 thousand crore in Maharashtra, Deputy CM said – 8 thousand people will get employment.

Japanese auto manufacturer Toyota Kirloskar Motor has signed an agreement (MoU) with the Maharashtra government on Wednesday, under which the company will set up a new manufacturing plant in Chhatrapati Sambhaji Nagar, Marathwad, Maharashtra, for which the company will invest Rs 20,000 crore. Will do. The company said that an MoU has been signed with the Government of Maharashtra to investigate the setting up of a greenfield manufacturing plant at Chhatrapati Sambhaji Nagar.

Masakazu Yoshimura, Managing Director and Chief Executive Officer of Toyota, said that with the MoU we have signed today, we are moving forward into the next phase of development in the country, allowing us to contribute to enriching lives with qualitative mobility solutions both locally and globally. Will be able to.

On this occasion, Maharashtra Deputy Chief Minister Devendra Fadnavis said that the investment of Rs 20,000 crore by Toyota Kirloskar Motor Company in Chhatrapati Sambhaji Nagar will take Maharashtra a step forward in the automobile sector. This investment will create 8,000 direct and 12,000 indirect jobs. Maharashtra Deputy Chief Minister Devendra Fadnavis shared the investment figure of Rs 20,000 crore for the plant on social media.