Toyota to Bring New SUV for India to Compete directly with Mahindra XUV700

• Published On: 29 September 2023
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As per reports, Toyota is planning to build a third plant in India and this new SUV, which is said to be a "mini" version of the well-liked Land Cruiser type, will be the flagship item for this new factory.

According to reports, Toyota Motor Corporation, the world's largest automaker, is developing a brand-new SUV just for the Indian market. The business recently disclosed its plans to add a third factory in India, increasing its production capacity. Therefore, this new SUV, which is said to be a "mini" version of the well-liked Land Cruiser type, will be the flagship item for this new factory. In India, this new SUV will probably compete against the Tata Safari, Mahindra XUV700, and Hyundai Alcazar.
New Toyota SUV: Competitor of Mahindra XUV700

According to Reuters, this new C-segment SUV would sit between the Innova Hycross hybrid MPV and the current mid-size SUV, the Urban Cruiser Hyryder. According to rumors, the 340D codename applies to this new SUV that is now in development. We probably won't see this "mini" Land Cruiser SUV until the beginning of 2026. Additionally, it has been revealed that the business has not yet made a definitive choice about the start of manufacturing of this specific SUV.

According to reports, Toyota does not anticipate seeing many sales of this new model. According to reports, the business is collaborating with suppliers to build over 60,000 of these SUVs at its third facility in India. In addition, the corporation will probably import components from other foreign markets to the new factory in India for assembly if it decides to finally introduce this product there. It should be mentioned that the images in this page are solely for pictorial representational reasons and are of a Toyota Harrier, an SUV that is sold in Singapore and other foreign markets.