Karnataka grants Rs 80 crore tax concession to Toyota

Toyota Kirloskar, as part of its expansion plans to set up a small and compact car manufacturing unit, would invest about Rs 3,200 crore, creating 2,000 jobs, Home Minister V S Acharya told reporters after a Cabinet briefing here.

The firm, which already has a manufacturing facility, will get exemption from entry tax and other benefits for its expanded unit, he said.

Comments (+)