Retail in Asia

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Toyota targets over 25 percent sales growth in India for 2010

Japanese carmaker Toyota is aiming for more than 25 percent growth in India in 2010, targeting sales of a minimum of 70,000 units. Its joint venture with Kirloskar Group, Toyota Kirloskar Motor (TKM), sold 55,497 units in 2009.

In 2010, TKM aims to sell about 48,000 units of the Innova, 10,000 of the Fortuner and 12,000 of the Corolla Altis, deputy managing director (Marketing) Sandeep Singh said.