India to be an important part of Toyota-Suzuki Motor business partnership

India will play an important part in the business partnership announced by Toyota Motor Corporation and Suzuki Motor, a senior Toyota Kirloskar executive said. Toyota Motor Corporation and Suzuki Motor concluded a memorandum towards business partnership that will enable both sides explore possibility of co-operation in areas including environment and safety, IT and mutual supply of products and components. While the details are not out yet, people in the know say, it could mean Toyota and Suzuki could work closely on smaller hybrid vehicles and source components jointly which would increase the economies of scale and bring down the cost, at a time when challenges on emission on eroding natural resources are on the rise.