Toy­ota plans to launch its ver­sion of Baleno in In­dia

Business Standard - - COMPANIES -

Ja­pa­nese auto ma­jor Toy­ota is gear­ing up to launch its ver­sion of Suzuki’s premium hatch­back Baleno in the In­dian mar­ket in the sec­ond half of next fis­cal year, ac­cord­ing to sources. Toy­ota has been work­ing on in­cor­po­rat­ing its own unique fea­tures to the model that has been a ru­n­away suc­cess for Suzuki’s In­dian arm — Maruti Suzuki. In March last year, the two Ja­pa­nese firms had con­cluded a ba­sic agree­ment for sup­ply­ing hy­brid and other ve­hi­cles to each other in the In­dian mar­ket.

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