Toyota: This motor company is going to invest in Maharashtra, unemployment will be eliminated
Toyota Kirloskar Motor has signed an MoU with the Government of Maharashtra to set up a state-of-the-art manufacturing plant at Chhatrapati Sambhaji. About 20,000 crore rupees will be invested in this project. TKM has confirmed that it has signed an MoU with the Government of Maharashtra to consider building a new manufacturing plant in Chhatrapati Sambhaji Nagar. The move follows the successful installation of two manufacturing plants in Bidadi, Karnataka. There will be a revolution in the automobile industry. He believes this is a great opportunity for the company in India and hopes that this collaboration will allow Toyota to offer some great mobility options that will benefit the local community and have a positive impact globally. Yoshimura sees this as a great start for Toyota. Speaking at the event, Maharashtra Chief Minister Eknath Shinde said that this project is going to completely change the automobile industry. Toyota and its group companies have invested around Rs 16,000 crore in Karnataka and created around 86,000 jobs. Also Read: Dividend bonus: RITES gives good news in board meeting, now investors will get job opportunities Toyota Kirloskar Motor plans to invest Rs 20,000 crore in Chhatrapati Sambhaji Nagar. It is planned to boost the automobile industry in Maharashtra. This investment will create around 8,000 direct and 12,000 indirect jobs. Chhatrapati said 850 acres of land has been earmarked for manufacturing facility in Aurangabad Industrial Estate of Sambhajinagar. This investment is expected to create a lot of employment in the local area. Also Read: ITC Announces June Quarter Results, Company Earns So Much Profit: The Motor Company Will Invest In Maharashtra, Unemployment Will End
