When the additional facilities come on line between 2024 and 2026, Toyota's battery production capacity in the two countries will have increased by 40 gigawatt-hours.
A specialist panel tasked with formulating battery strategy also set a target of securing 30,000 trained workers for battery manufacturing and supply chains by 2030.
The Indian businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person.