Toyota Motor plans to build three new assembly plants in Maharashtra, India, targeting annual output of one million vehicles by the 2030s. The investment is estimated at 300 billion yen, making it one of the company's largest manufacturing bets outside Japan. The move would roughly triple Toyota's current production capacity in India. Maharashtra, already home to major auto manufacturing clusters, is the chosen base for this scale-up. India's passenger vehicle market has been growing steadily, and global automakers are racing to lock in capacity ahead of expected demand surges later this decade. For Toyota, higher local output reduces dependence on imports, cuts costs, and positions the company to compete more aggressively on price in a market where value-conscious buyers dominate. The key number to watch is whether Toyota hits the one-million-unit target on schedule, as that would make India one of its top global production hubs. Progress on land acquisition, supplier ecosystem development, and state-level clearances will determine how quickly these plants come online.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
