Toyota Kirloskar to invest $161 mln to expand car plant

INDIA-TOYOTA-EXPANSION:Toyota Kirloskar to invest $161 mln to expand car plant

Toyota Kirloskar, a joint venture between Japan's Toyota Motor Corp and India's Kirloskar Group, plans to invest 9 billion rupees by March to expand its plant in Bangalore, its vice chairman, Vikram Kirloskar said on Thursday.

Toyota Kirloskar plans to raise the output at its plant by 100,000 cars by March from its current production of 210,000 cars, Kirloskar said.