Toyota Camry Will be Assembled in India
Toyota Kirloskar Motors which has recently launched the 7th generation Camry in India has said that the car will be manufactured at TKM's Banglore facility. Managing Director-TKM, Hiroshi Kakagawa said, "This is the seventh generation of Camry, We will be manufacturing it locally in India so that it can be available easily" Currently, it is manufactured at 10 different locations around the world, and Bangalore will become the eleventh place where it will be produced.
Speaking about the company's plans of coming up with diesel variants of their luxury cars, Toyota India's Deputy MD(Marketing) said, "It will be only in the petrol model as we do not have diesel in our premium segment across the world. Camry is available only with petrol globally" Singh further said, "If you look at the market dynamics in India, there is an increase in the demand for diesel. We have been conducting a feasible study on diesel engine manufacturing in India but are unable to convice our headquarters."
When asked about introducing Toyota's Luxury brand Lexus in India, Singh said, "There is an apprehension about the increase in customs duty.. we are still studying the market and we hope to get a clear direction by the end of this year" Earlier to this the company had said that they are planning to bring the luxury brand to India by 2013.
Read More on : Toyota Camry