Toyota Kirloskar inaugurates new engine and transmission plant for Etios in India

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, inaugurated a new engine and transmission plant for Etios in Bidadi, near Bangalore, India.
The annual capacity for the engine plant is 108,000 units and for the transmission plant is 240,000 units.
The new production at the plant represents an investment of approximately Rs. 500 crores (US$91.9 million). The engine plant has been operational since August 2012 and the transmission plant has been operational since January 2013.
Speaking on the occasion, Vikram Kirloskar, vice chairman of Toyota Kirloskar Motor (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%.” (February 26, 2013)