India, Nov. 5 -- Japan's top carmakers-Toyota Motor Corp., Honda Motor Co. Ltd., and Suzuki Motor Corp.-have lined up billions of dollars of investments to Make in India, in what is seen as a pivot away from China.

Toyota-the world's largest carmaker-plans to invest $3 billion (about Rs.26,000 crore) to expand its existing factory in Karnataka and set up a new one Maharashtra. A week ago, Reuters reported that the Innova maker plans to launch 15 new and refreshed models in India by the end of this decade.

Suzuki, which owns a majority stake in India's largest carmaker Maruti Suzuki India Ltd., plans to invest up to Rs.70,000 crore in India by FY30 to increase its production capacity to 40 lakh units per annum and regain 50% market share...