subject: Toyota India aims to drive high volumes by Etios [print this page] There were speculations that the company is also planning to enter the ultra low cost car segment by launching its small car in India by mid-2011. However, Toyota has denied any of such plans in India in the near future. Toyota has invested Rs 3,200 crore to establish a new small car manufacturing plant in India which will have an initial annual production capacity of 70,000 cars.
