The Japanese automaker had launched the Camry assembly facility five years ago and stopped making the regular version of the car given demand for the hybrid. Sales haven’t completely dried up since the company has some inventory left over from before the stoppage.The company said it has invested Rs 15 crore in the Camry hybrid facility in addition to Rs 24 crore on training, campaigns and service. “We had been pursuing hard for a much lower cess for hybrids,” he said. “We wanted to assemble more hybrids that behave like an electric vehicle,” Viswanathan said. “Luxury vehicles create as many jobs as non-luxury vehicles do.”

Source: Economic Times October 22, 2017 19:07 UTC