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Business News›Prime›PRIMESHOTS›3 insights to kick-start your day, featuring Toyota’s mega expansion in India
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3 insights to kick-start your day, featuring Toyota’s mega expansion in India

3 insights to kick-start your day, featuring Toyota’s mega expansion in India
3 insights to kick-start your day, featuring Toyota’s mega expansion in India
Insight across sectors

Synopsis

In Primeshots today: Toyota plans third India plant; SBI Cards’ spending spree; and tech firms face taxing time.

Revving up In the news. Toyota to build a third car plant in India. Inside the news. With a market share of 5.73%, Toyota Kirloskar Motor’s (TKM) domestic sales grew 21.47% at 92,381 units during April-August 2023 over the same period last year. TKM has been on a growth path in terms of both exports and domestic sales in India. Puneet Gupta, director-automotive, S&P Global Mobility, says traditionally TKM has a history of being in the
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