Global auto giants Toyota, Honda, and Suzuki have announced a combined $11 billion investment in India, signaling a major industrial shift aimed at reducing dependency on China.
The investment will expand manufacturing facilities, enhance EV and hybrid production, and establish new export-focused plants across key Indian states. Industry experts project the move could create over 50,000 direct and indirect jobs while solidifying India’s status as a global automotive export hub.
Officials said the projects align with the Make in India and Production Linked Incentive (PLI) programs, designed to attract global manufacturers and boost sustainable industrial growth.
The strategic shift reflects a global realignment of supply chains, with companies seeking stability and cost advantages outside China. India’s expanding infrastructure, competitive labor market, and strong government incentives make it an ideal destination for this transformation.
Analysts believe this wave of investment could position India alongside Japan and South Korea as a leading Asian auto manufacturing power over the next decade.
