Toyota Group targeting investment of Rs 2000 cr in coming years, Toyota Kirloskar Motor MD says

Toyota Kirloskar Motor (TKM) on Tuesday said that it was deeply committed to India and its national objectives. The statement was made by Masakazu Yoshimura, Managing Director at TKM. Toyota Kirloskar Motor is an Indian arm of the Japanese company Toyota Motor Corp. 

 As part of these efforts, Toyota Group in India is targeting to invest over Rs 2000 crore in India in the coming years on technology and electrification, both for the domestic and the exports market, Yoshimura said. 

“We have a firm belief in the core strength of the country’s economic growth potential and are fully committed for continually working towards contributing to the economic development,” the MD said.  

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“Our operations in India are an integral part of our long-term global strategy,” Yoshimura said. “We reaffirm that TKM intends to make all efforts to promote and introduce newer, cleaner and world-class technologies and services in the market,” he added.

by Daanish Anand