Automobiles

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Toyota India

Toyota Motor Company is a Japanese Multinational Company and is the second biggest automobile manufacturer of the world. It is one of the elite three manufacturing companies of Japan who has the potential to challenge the big American automobile manufacturers.
The other two being, Honda Motor and Nissan Motors, who are equally capable. It has been estimated that if the production of automobiles by Toyota remains the same then, it will become the world's largest automobile manufacturer by 2008 overtaking, the General Motors. Toyota cars came to India in 1997 through collaboration with the Kirloskar group. Toyota India, with their excellent car models including Toyota Innova, Toyota Land Cruiser Prado, Toyota Camry, Toyota Corolla, and the now discontinued Toyota Qualis
has won Indian hearts with their practiced philosophy of putting the "Customer first". Toyota India was established on October 6th 1997. The initial capital investment was of Rs 7 billion.

Toyota Kirloskar Motor


The Toyota Motor Company of Japan has 89% of equity shares and the Kirloskar Group of India has 11% equity shares in their JV called "Toyota Kirloskar Motor (TKM).



The Toyota Kirloskar Motor (TKM) believe that they would contribute to the growth of the Indian economy by contributing in the automobile sector, technological up gradation and human resource management. They want to manufacture and sale Toyota cars in India and make India an export hub as well. They also want to maintain their global standards here with the help of as many as Toyota centers in India. The most important policy of TKM has been the implementation of the Philosophy of "Putting Customer First".