Toyota Kirloskar motor will invest around Rs.20,000 crore to set up a new manufacturing plant in Maharashtra. The company need an MOU with the state government to explore a greenfield facility at Chhatrapati Sambhaji Nagar expansion is expected to boost job creation and economic growth in the region.
Entered India in 1997 and commission need is first manufacturing facility in December 1990 and a second plant in 2010. Apart from this, the plant at bidadi, Karnataka is surrounded by a green environmental standards.
Toyota also has its largest vehicle manufacturing plant in the world in Kentucky, which is capable of producing more than 550,000 vehicles and 600,000 engines annually.
Automaker Toyota Kirloskar motor on Wednesday said it will set up a new manufacturing plant in Maharashtra had an investment of around Rs.20,000 crore company has inked a memorandum of understanding with the Maharashtra government to examine the setting up of greenfield manufacturing facility at Chhatrapati, Sambhaji Nagar, Toyota Kirloskar motor said in a statement
Headquarter in Karnataka, TKM already has two manufacturing units located in Bidadi near Bengaluru in Karnataka. The auto maker, including its group companies has invested more than Rs.16,000 crore and created close to 86,000 jobs. In the entire value chain
Production system has long been recognised as a way to eliminate waste and achieve high efficiency. However, it’s essential to make work easier and less burdensome for workers with a focus on creating meaningful work.
Toyota history shows that in Australia, South Africa, Argentina and in the Middle East, Toyota is more successful. The brand is also usually popular in Asian countries, including Malaysia, Singapore, Thailand and Vietnam and now go to become most popular in India too.
Therefore, Toyota wants to open his manufacturing plant in Maharashtra to increase his sales in India. In India Toyota Fortuner is the best selling car. Apart from this, the Toyota Corolla is the world’s best selling car since 1966.
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