Toyota plans to increase vehicle production in India by 30%. At the Toyota Kirloskar Motor (TKM) production base, we will increase production by changing the work shift to a three-shift system. There are also plans to accept personnel from skill training facilities within TKM, which is expected to increase the number of personnel by approximately 25%. In addition to this, we plan to respond to the effects of expanded collaboration with Suzuki and steady orders.

TKM produces the minivan “Innova” and the sedan “Camry”, etc., and has about 6,000 employees and a production capacity of 310,000 units.

Through collaboration with Suzuki, Toyota intends to capture the Indian market. Since 2017, Toyota has provided hybrid systems and Suzuki has supplied vehicles on an OEM basis.

In 2022, we will start production of the new sports utility vehicle (SUV) “Grand Vitara” developed by Suzuki. In addition, Toyota will sell it as “Urban Cruiser High Rider”, and from January 2023, Suzuki will start exporting to South America, Africa, the Middle East, etc.

In January 2023, Toyota also launched a new minivan, the Innova Highcross.

Toyota’s new car sales in India have grown for the second year in a row, partly due to recovery from the coronavirus pandemic. Sales in 2022 were 156,980 units, up 20.2% from the previous year.

India’s population is expected to surpass that of China as the world’s largest. Motorization and electrification are progressing at the same time, and Toyota is stepping up its investment. In 2022, the Toyota Group has announced a plan to invest 48 billion rupees toward decarbonization.

TKM and its parts manufacturing subsidiaries are also promoting the production of electric vehicles and electric drive parts.