Toyota initiates process to increase manufacturing capacity in India
Toyota Motor Corporation has initiated the process to enhance manufacturing capacity in India with two plants running at full capacity in India.
Source: Toyota
Bengaluru-based Toyota Kirloskar Motor, a joint venture between Toyota Motor Company and Kirloskar Group, operates two plants with a total production capacity of 3.42 lakh units per annum.
Source: Toyota
During the April-September period, its sales grew 35 per cent to 1,23,939 units from 91,843 units in the same period of last year.
Source: Toyota
Earlier this year, TKM initiated a third shift at Bidadi to enhance production capacity by about 30 per cent to cut the waiting period for certain models.