• Hrishikesh
• November 23, 2023
• Automotive, India, News
• 000 crore in India, 25 Years in India, 300 crore Investment, Annual Capacity of One Lakh Units, Bidadi Manufacturing Facility, CO2 Emission Reduction, Electric Vehicles, Electrification and Green Technologies, Expansion Strategy, Future-Ready Technologies, Indian Automotive Market, Job Creation, Masahiko Maeda (CEO, Masakazu Yoshimura (TKM CEO), Memorandum of Understanding with Karnataka Government, Multi-Utility Vehicle Innova HyCross, New Karnataka Plant, Production by 2026, Rs 3, Sustainability Initiatives, Total Investment of Rs 16, Toyota Asia Region), Toyota Kirloskar Auto Parts, Toyota Kirloskar Motor
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Toyota Kirloskar Motor (TKM) has revealed plans to invest Rs 3,300 crore in building its third manufacturing plant at Bidadi, Karnataka, in a calculated move. The new unit, which will operate in two shifts and have an annual capacity of one lakh units, is expected to begin production by 2026, according to the company. The third plant will be integral …