News that Toyota won't invest in India incorrect, it'll invest ₹2,000 cr: Javadekar

Union Minister Prakash Javadekar on Tuesday denied a report that claimed that Toyota would not expand further in India due to the country's high tax regime. Toyota Kirloskar Motor Vice Chairman Vikram Kirloskar clarified that Toyota will invest over ₹2,000 crore in India in the next 12 months. "The future of sustainable mobility is strong here in India," Kirloskar tweeted.