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Toyota Kirloskar Motor

From Wikipedia, the free encyclopedia

Subsidiary of Toyota Motor Corporation
Toyota Kirloskar Motor Pvt Ltd
Company typeJoint venture
IndustryAutomotive
Founded6 October 1997; 28 years ago (1997-10-06)
HeadquartersBidadi,Bengaluru,Karnataka,India
Key people
Masakazu Yoshimura
(Managing Director)[1]
ProductsAutomobiles
Production output
Increase 337,148 units (2025)[2]
RevenueIncrease65,542 crore (US$7.8 billion) (2025)[2]
Increase6,494 crore (US$770 million) (2025)[2]
Increase5,672 crore (US$670 million) (2025)[2]
Owner
Number of employees
7,000[3]
Websitewww.toyotabharat.com

Toyota Kirloskar Motor Private Limited (TKM) is an Indian joint venture betweenToyota Motor Corporation (89%) andKirloskar Group (11%), for the manufacture and sales of Toyota cars inIndia.[4][5] The headquarters are located inBidadi,Karnataka, nearBengaluru.

History

[edit]

Toyota Motor Corporation entered India in 1997 in a joint venture with theKirloskar Group. Toyota Motor Corporation (TMC) holds 89% of the share and the remaining 11% is owned by Kirloskar Group.[6] It is based inBidadi,Karnataka, nearBengaluru.

The company released its first product in the Indian automotive market with the launch of theQualis in 2000. Occupying the multi utility vehicle (MUV) segment, sales of the model grew within a short span of 2 years to capture 20 per cent market share from established local manufacturers such asMahindra andTata Motors. In 2002 and 2003, Toyota introduced theCamry andCorolla respectively.[7]

In 2005, TKM launched theInnova to replace the Qualis, which is based on a modernIMV platform. Later, new models were introduced including the IMV seriesFortuner SUV in 2009 andHilux pickup truck in 2022. To support the new products, the sales and service network was developed further from 22 outlets in 2000 to 166 in 2011, and 359 in 2019.[7][8]

Under the Entry Family Car (EFC) project, TKM started producing theEtios in 2010 as the company's first entry-level model.[8] Production of the vehicle created more than 2,000 jobs at TKM's newly-built second plant and approximately 500 jobs at Toyota Kirloskar Auto Parts Private Limited.[9]

In 2017, Toyota introduced its luxury brandLexus in the country.[8]

Suzuki partnership

[edit]

Toyota started considering its partnership agreement with Suzuki in the Indian market in 2016.[10] In 2017, both companies agreed to marketelectric vehicles in the country.[11] In 2018 and 2019, Toyota outlined its initial plan for the partnership with Suzuki, including receiving supply ofBaleno,Vitara Brezza,Ciaz andErtiga models from Suzuki, and supplying the Corolla to Suzuki. Plans also included production of the Suzuki-developed SUV at TKM from 2022 and the production ofhybrid electric vehicles in India. In 2019, TKM released the Glanza as a rebadged Baleno, and the Urban Cruiser as a rebadged Vitara Brezza in 2020. In 2022, TKM released theUrban Cruiser Hyryder, which is developed by Suzuki, produced by TKM while incorporating theToyota Hybrid System.

Manufacturing facilities

[edit]

TKMPL's current plant atBidadi,Karnataka is spread across 850 acres and has a capacity of 110,000 vehicles per annum.[12] TKMPL's second manufacturing plant on the outskirts ofBengaluru,Karnataka has a capacity of 210,000 vehicles per annum. Total production capacity is 320,000 vehicles per annum. On 16 March 2011, it announced that it was increasing production to 210,000 vehicles per annum[13] due to increase in demand for its models especially theEtios andFortuner.

Industrial relations

[edit]

On 16 March 2014, Toyota Kirloskar Motor temporarily suspended the production at two of its assembly plants inBidadi,Karnataka whose production capacity was 310,000 units annually and has employee strength of 6,400. Cause for the shutdown was failure to reach an agreement with the union over the issue of wages, deliberate stoppages of the production line by certain sections of the employees and abusing & threatening of supervisors thereby disrupting the production for the past 25 days.[14][15][16][17] Toyota Kirloskar Motor announced on 21 March 2014 to lift the lockout at the plants effective from 24 March 2014 with subject to an acceptance of a service condition which requires all the employees signing an undertaking on good conduct.[18][19] On 22 April 2014, employees called off the strike after 36 days of standoff and resumed full operations.[20]

Etios motor racing

[edit]
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Toyota India started a One make racing series in India with the Etios car called the 'Etios Motor Racing Series'.[21] The series started in 2012, it witnessed an overwhelming response from the Indian youngsters, with 3300 applicants. They held 2 rounds of exhibition races in 2012, one at a purpose built race track in Chennai called the Sriperumbudur race track and other in the form of ROC (Race of champions) in Gurgaon. The 25 selected drivers then competed in the main championship held in the later half of 2013. The cars were prepared by Red Rooster Performance (based in Bangalore), and designed by TRD (Toyota Racing Development). With stock engines producing almost 100 bhp, the cars were a good platform for youngsters to step from karting to touring cars. Also the relatively cheaper budget of just $3216 for the entire series which includes an entire OMP racing kit makes it one of the best one-make series to compete in.

Models

[edit]

Current models

[edit]

Toyota

[edit]
Combustion engine vehicles
[edit]
ModelIndian introductionCurrent modelNotes
IntroductionUpdate/facelift
Hatchback
Glanza20192022 (second generation)Rebadged from Suzuki Baleno
Locally produced
Sedan
Camry20022024 (XV80)Strong hybrid powertrain is standard
Locally produced
SUV/crossover
Urban Cruiser Taisor20242024 (first generation)Rebadged from Suzuki Fronx
Locally produced
Urban Cruiser Hyryder20222022 (first generation)Rebadged from Suzuki Grand Vitara
Strong hybrid powertrain is optional
Locally produced
Fortuner20092016 (AN150/AN160)2021Locally produced
Land Cruiser20102023 (J300)Imported from Japan
MPV
Rumion20232023 (first generation)Rebadged from Suzuki Ertiga
Innova Crysta20162016 (AN140)2023Locally produced
Innova HyCross20232023 (AG10)Strong hybrid powertrain is optional
Locally produced
Vellfire20202023 (AH40)Strong hybrid powertrain is standard
Imported from Japan
Pickup truck
Hilux20222022 (AN120)Locally produced
Electric vehicles
[edit]
ModelIndian introductionCurrent modelNotes
IntroductionUpdate/facelift
SUV/crossover
Urban Cruiser Ebella20262026 (first generation)Rebadged from Suzuki e Vitara
Locally produced

Lexus

[edit]
ModelIndian introductionCurrent modelNotes
IntroductionUpdate/facelift
Sedan
ES20152019 (XZ10)2021Strong hybrid powertrain is standard
Locally produced
Sports car
LC20172017 (First generation)Strong hybrid powertrain is standard. Imported from Japan
SUV/crossover
NX20202022 (AZ20)Strong hybrid powertrain is optional. Second generation imported from Japan.
RX20152023 (ALA10/ALH10)Strong hybrid powertrain is standard. Imported from Japan
LX20152021 (J310)Imported from Japan
MPV
LM20232023 (AW10)Strong hybrid powertrain is standard. Imported from Japan

Discontinued models

[edit]

Toyota

[edit]
ModelReleasedDiscontinuedImage
Qualis20002005
Corolla Altis20032020
Land Cruiser Prado20042020
Innova20052016
Prius20102020
Etios20102019
Etios Liva20112019
Etios Cross20142016
Yaris20182021
Urban Cruiser20202022

Lexus

[edit]
ModelReleasedDiscontinuedImage
NX300h20202021
LS20172024

Sales and service network

[edit]

As of April 2019, it has more than 350 dealerships in 225 cities across India.[22]

Sales performance

[edit]

TKMPL sold 74,759 vehicles in India in the year 2010 registering a growth rate of 38% compared to 2009 sales.[23]

See also

[edit]

References

[edit]
  1. ^"Toyota in India". Toyota Kirloskar. Retrieved28 June 2022.
  2. ^abcd"Toyota Kirloskar Motor Delivers Record ₹5,672 Cr Profit in FY25, Elevates India's Role in Global Sales". Autocar.
  3. ^"Toyota Kirloskar Motor steps up for the challenge to curtail carbon footprint in the city" (Press release). India: Toyota. 7 July 2016. Archived fromthe original on 12 May 2017. Retrieved9 April 2017.
  4. ^"Careers". Toyota Kirloskar. Archived fromthe original on 24 September 2015. Retrieved14 May 2013.
  5. ^"Toyota in India". Toyota Kirloskar. Archived fromthe original on 1 September 2015. Retrieved14 May 2013.
  6. ^"Toyota Kirloskar Motors Ltd".business.mapsofindia.com.
  7. ^ab"Toyota Kirloskar Motor Pvt Ltd"(PDF).ibef.org. India Brand Equity Foundation.
  8. ^abc"20 years of Toyota in India: The past, present and future".Financialexpress. June 2019. Retrieved4 July 2022.
  9. ^"Toyota launches for-India 'etios' compact car".Toyota launches for-India 'etios' compact car. Retrieved4 July 2022.
  10. ^"Toyota and Suzuki Enter into Capital Alliance Agreement".Toyota Motor Corporation Official Global Website. 28 August 2019. Retrieved4 July 2022.
  11. ^"Toyota and Suzuki Conclude Memorandum on EV Introduction in India".Toyota Motor Corporation Official Global Website. 17 November 2017. Retrieved4 July 2022.
  12. ^"Toyota - Toyota Takes Steps to Reduce Waiting Period for Etios". Archived fromthe original on 17 March 2011. Retrieved23 April 2011.
  13. ^"Toyota - Toyota Kirloskar Motor ramps up production to 2,10,000 units". Archived fromthe original on 27 April 2011. Retrieved22 July 2012.
  14. ^"Toyota shuts 2 India plants in lockout over wages".Hindustan Times. 17 March 2014. Archived fromthe original on 17 March 2014.
  15. ^"Toyota Kirloskar declares lock-out".The Hindu. 16 March 2014.
  16. ^"Toyota Kirloskar Motor declares lockout at Bidadi over labour woes".The Economic Times. 16 March 2014.
  17. ^"Toyota declares lockout at its Bidadi facility".Times of India. 16 March 2014.
  18. ^"Toyota agrees to lift lockout at its Bangalore units".Times of India. 21 March 2014.
  19. ^"Toyota crisis resolved, company lifts lockout".The Hindu. 21 March 2014.
  20. ^"Toyota plant in Bangalore resumes operations as workers return".IANS. news.biharprabha.com. Retrieved23 April 2014.
  21. ^"Toyota to launch motor racing series next year in India". 2 June 2012.
  22. ^"Archived copy". Archived fromthe original on 9 January 2011. Retrieved12 January 2011.{{cite web}}: CS1 maint: archived copy as title (link)
  23. ^"Toyota Kirloskar Motor's records 38% growth in sales in the year 2010". Archived fromthe original on 12 January 2011.
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