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Toyota Kirloskar Auto Parts announces the Inauguration of its Gasoline Engine & Transmission

Toyota Kirloskar Motor announced today that TKAP - a joint venture between TMC, TICO and Kirloskar Systems Limited, Bangalore, held a ceremony to officially announce the inauguration of TKAP engine and transmission plant for ETIOS.

 
PRLog - Feb. 26, 2013 - BANGALORE, India -- February 22nd 2013, Bangalore: Toyota Kirloskar Motor (TKM) announced today that Toyota Kirloskar Auto Parts Pvt. Ltd. (TKAP) – a joint venture between Toyota Motor Corporation, Japan (TMC), Toyota Industries Corporation, Japan (TICO) and Kirloskar Systems Limited, Bangalore, held a ceremony to officially announce the inauguration of TKAP engine and transmission plant for ETIOS. The ceremony was held at its current plant at Bidadi, on the outskirts of Bangalore.

Shri. Murugesh R. Nirani, Hon’ble Minister Medium & Large Industries, Govt. of Karnataka along with Shri. S. Suresh Kumar, Hon’ble Minister Law & Parliamentary Affairs, Govt. of Karnataka unveiled the commemorative stone under the august presence of many distinguished guests including Shri. R. V. Deshpande, Former KPCC President, Hon’ble former Minister for Medium & Large Industries along with Mr. Takahiro Iwase, President, Toyota Motor Asia Pacific, Thailand, Mr. Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor, Mr. Shekar Viswanathan, Vice Chairman, Toyota Kirloskar Motor, Mr. Hiroshi Nakagawa, Managing Director, Toyota Kirloskar Motor & Mr. Yuji Hiraoka, Managing Director, Toyota Kirloskar Auto Part.  

Speaking on the occasion, Mr. Vikram Kirloskar, Vice Chairman, TKM said, “Indian operations play a key role in Toyota’s global strategy and this has been reinforced by the introduction of the Etios series exclusively for the Indian market. Now with the commencement of TKAP’s engine and transmission plant, the localization of  gasoline engine and transmission has marked another milestone in the growth of Toyota in India. The local production of the engine and transmissions for Etios raises the localization ratio to over 90%.”

Also addressing the function, Mr. Yuji Hiraoka, Managing Director, TKAP said, “We are very happy to announce the formal commencement of our new Engine and Transmission plant. This project has helped us generate additional employment for more than 500 members at TKAP. It has also additionally created opportunities for indirect employment in our supplier fraternity. TKAP will contribute towards localization thereby getting an opportunity to serve our customers in India better”.

The new production at the plant represents an investment of approximately Rs. 500 crores with the engine plant being operational since August 2012 and the transmission plant being operational since January 2013. The annual capacity for the engine plant is 1,08,000 units and for the transmission plant is 2,40,000 units.

TKAP also produces R –Type manual transmissions for export to Thailand & Argentina and also for the “Fortuner”, manufactured in India. It also produces axles and propeller shafts for the “Innova”, manufactured in India. Production of engines and transmissions for the Etios will further localize parts production.

For more info on our product & services visit: http://www.toyotabharat.com

Overview of TKM:

Company name          Toyota Kirloskar Motor Private Limited

Managing Director          Hiroshi Nakagawa

Equity participation          TMC: 89%, Kirloskar group: 11%

Number of employees          Approx. 6,000 +

Land area          Aprox. 432 acres (approx.1,700,000 m2)

Building area          74,000 m2

Overview of TKM 1st Plant

Established          October 1997 (start of production: December 1999)

Location          Suburb of Bangalore, Karnataka State

Products          Innova, Fortuner manufactured in India. Prado, Land Cruiser and Prius imported as CBUs.

Annual production capacity    Approx. 90,000 units

Overview of TKM 2nd Plant

Location          On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)

Products          Corolla Altis, Etios, Etios Liva, New Camry

Start of production          December 2010

Annual production capacity    1,20,000 units

For any further information please contact:

Toyota Kirloskar Motor Pvt. Ltd.

Ananya Bhattacharjee

Mobile : 0-7259017457

E-mail: ananya_bhattacharjee@toyota-kirloskar.co.in

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Contact Email:
***@toyota-kirloskar.co.in
Source:Toyota Kirloskar Motor Pvt. Ltd.
Phone:7259017457
Zip:560001
City/Town:Bangalore - Karnataka - India
Industry:Automotive
Tags:Toyota events, corolla, Verso
Shortcut:prlog.org/12087301
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