Toyota operates in India through Toyota Kirloskar Motor, a joint venture in which Toyota Motor Corporation holds 89 percent and the Kirloskar Group 11 percent. The company makes cars, SUVs and MPVs at two plants at Bidadi near Bengaluru and is adding capacity in Karnataka and Maharashtra.
Ownership and structure
Toyota holds its Indian car business through Toyota Kirloskar Motor Private Limited, a joint venture in which Toyota Motor Corporation owns 89 percent and the Kirloskar Group owns 11 percent.
What India does for Toyota
India is a manufacturing base and sales market for Toyota, with two Bidadi plants near Bengaluru that have combined capacity of 342,000 vehicles a year.
Investment and deals
Toyota Kirloskar Motor signed an agreement with the Karnataka government in November 2023 to invest Rs 3,300 crore in a third Bidadi plant adding 100,000 units a year, now expected to start production in early 2027.
Toyota's India business
Toyota Kirloskar Motor was founded on October 6, 1997. The two existing Bidadi plants have combined annual capacity of 342,000 units.
A third Bidadi plant backed by an investment of Rs 3,300 crore will add 100,000 units a year, with production expected from early 2027. A 100,000 unit plant in the Bidkin Industrial Area in Maharashtra is expected to start operating in the first half of 2029.
Key moves in India
- 1997: Toyota Kirloskar Motor was founded on 6 October.
- 2010: Production of the Etios began at a newly built second plant at Bidadi.
- 2019: Toyota launched the Glanza, the first model from its partnership with Suzuki in India.
- 2022: Toyota group companies signed a Rs 4,100 crore agreement with Karnataka focused on electrification.
- 2023: Toyota Kirloskar Motor agreed to invest Rs 3,300 crore in a third plant at Bidadi.
- 2026: Toyota set early 2027 for the third Bidadi plant and the first half of 2029 for a 100,000 unit plant at Bidkin in Maharashtra.
Where it operates
Toyota runs its India business from Bengaluru. It also has a presence in Bidadi and Chhatrapati Sambhajinagar.
At a glance
- Home country: Japan
- Global headquarters: Toyota City
- Sector: Manufacturing & Supply Chains
- Business: Automotive
- Role of India: Sales market, Manufacturing base
- India entity: Toyota Kirloskar Motor Private Limited
- India head office: Bengaluru
- India offices: Bengaluru, Bidadi, Chhatrapati Sambhajinagar
- India headcount: Not available
- In India since: 1997
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