Toyota is in the process of bringing out the next generation Innova, which was caught testing (wearing heavy camouflage) many times in India. The new MPV is reportedly in the final leg of its development process and is all set to to be launched in early 2016.

Toyota Kirloskar Motors have chalked out the future plans. The company is working on the all-new Innova (planned for first half of 2016) and Fortuner (festive season of 2016) to improve their capacity utilisation, which has been hovering around 50%, reports Economic times.

The Japanese manufacturer will invest about Rs 1,000 crore on the new engine plant and new projects that include Innova, Fortuner and a mid-size sedan in the next couple of years.

The report further cites people close to the company as saying that Toyota is planning to produce about 90,000 units of the new generation Innova every year for India.

Under the hood, the new Innova is expected to include 2.4 or 2.5-litre diesel engines with 6-speed manual and automatic transmissions. The new Innova will be built on a new platform and is likely to be lighter than the current generation. The restyled front end will feature bigger grille and tweaked front and rear bumpers. Additionally, the popular MPV in new avatar will sport projector headlamps that have LED daytime running lights and fog lights.

The interior of the new Toyota Innova is expected to get features like dual-tone interior with tablet-size touchscreen and updated steering wheel. When launched in India, the Innova will rival against Honda Mobilio, Renault Lodgy and Nissan Evalia. The 2016 Toyota Innova is expected to be priced around Rs 1lakh-Rs 1.5 lakh more than the current model.