Toyota Kirloskar Motor Registers 21% Growth in the month of January 2017


-       New Fortuner & Innova Crysta continue to grow and delight customers

Bangalore, January 31st 2017 –In the month of January 2017, Toyota Kirloskar Motor registered a 21% growth in domestic sales and 22% growth in overall sales when compared to the sale in January 2016. TKM sold a total of 10,336 units in the domestic market and exported 916 units of the Etios series in January 2017. The company had sold 8,511 units in the domestic market and exported 745 units of Etios series in January 2016.

Toyota Kirloskar Motor Registers 21% Growth in the month of January 2017


Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said, “We recorded a 21% growth in sales in January 2017 when compared to the sales in January last year. Three months into demonetization and we can slowly see that the market is reviving with increased footfalls and customer enquiries. In fact, even with demonetization in effect, we have still managed to record a 17% growth in sales in the last three months when compared to the same period last year. This has been possible due to the overwhelming response the new Fortuner and Innova Crysta have received and we would like to thank our customers for the same”.

Overview of TKM

Company name
Toyota Kirloskar Motor Private Limited
Equity participation
TMC: 89%, Kirloskar Group: 11%
Number of employees
Approx. 7, 000 +
Land area
Approx. 432 acres (approx.1,700,000 m2)
Building area
74,000 m2
Total Installed Production capacity
Upto 3,10,000 units

Overview of TKM 1st Plant:

Established
October 1997 (start of production: December 1999)
Location
Bidadi
Products
Innova, Fortuner manufactured in India.
Prado, Land Cruiser and Prius imported as CBUs.
Installed Production capacity
Upto 1,00,000 units
Overview of TKM 2nd Plant:

Start of Production
December 2010
Location
On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products
Corolla Altis, Etios, Etios Liva, Etios Cross, Camry & Camry Hybrid
Installed Production capacity
Upto 2,10,000 units