Toyota Kirloskar to increase output by 30% with third shift operation
According to Toyota Kirloskar, a joint venture between Japan's Toyota Corporation and India's Kirloskar Group, the third shift operations began in May.
Car maker Toyota Kirloskar Motor on Thursday said it will increase its production by 30 per cent by starting three shift operations at its plant in Bidadi in Karnataka owing to increased demand for its old and new models.
According to Toyota Kirloskar, a joint venture between Japan's Toyota Corporation and India's Kirloskar Group, the third shift operations began in May.
The company said the start of the third shift will generate additional employment of close to 25 per cent including that of increased intake from Toyota Technical Training Institute (TTTI).
Toyota Kirloskar currently has a 6,000-member strong team, including production and non-production staff.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
03:38 PM IST