BUSINESS | Saturday, November 7, 2009 | Email | Print | 
Toyota to increase production from Jan
Rakesh Bihari Jha | New Delhi
Toyota Kirloskar Motor (TKM) on Friday said it will increase its production significantly from January to cater to the rising demands of customer and added its small car will hit the road by the end of next year or 2011 end.
“Industry has come out of woods and small car manufacturers are showing a good growth but MPV sector is not feeling the same excitement. Presently we are producing 600 cars a day and we plan to increase that to 800 from January to cater to the demands of public,” said Toyota Kirloskar Motor Deputy Managing Director Sandeep Singh.
“Our small car plan is on track and it will hit the road by the end of next year or 2011 end. The concept version of the car will be showcased during the Auto Expo in January,” Singh added.
Toyota Motor also said that it is committed to 3,200 crore investment which is on track. “The Rs 3,200 crore investment stands same and we will start the second plant with an initial capacity of 70,000 cars a year,” said Toyota Kirloskar Motor MD Hiroshi Nakagawa.
Toyota on Friday introduced a distinctive training model for body and paint repairs under the Toyota Technical Education Program (TTEP) at the Sir CV
Raman Industrial Training Institute. The program will benefit ITIs in building skilful technicians for the Indian automotive repair industry. The current automobile repair industry is characterised by inadequately skilled manpower and lack of professional training for repair and diagnostics, especially for the vehicle models, introduced recently, in the market.
TTEP is a unique initiative undertaken by TKM, in partnership with ITIs and its dealers across India, to remove this lacuna.
Email | Print | Rate:
|