Lexus' 'letting go' may be a good thing

Sydney

PRIME Minister Narendra Modi's ambitions to turn his country into a powerhouse of high-tech manufacturing via the "Make In India" campaign just received one hell of a boost.

Toyota Motor Corp's Lexus is considering assembling its ES brand there, to take advantage of lower import tariffs on auto parts, the Asahi newspaper reported, citing an unidentified official.