Karnataka Government Confers Honours To Toyota Kirloskar Motor At Global Investors Meet For Commitment To State

TKM - Invest Karnataka

Toyota Kirloskar Motor has received an ‘Investment Certificate’ from the Karnataka government at the Invest Karnataka 2025 Global Investors Meet (GIM) for its contribution to the state’s economic growth, job creation and green mobility. The automaker is participating at the forum under the theme ‘Reimagining Growth’.

The company was recognised for its investment in a third manufacturing plant in November 2023, which is expected to generate 2,000 new jobs and 100,000 unit per annum production capacity for the automaker.

Toyota Kirloskar Motor is showcasing its sustainable mobility solution at the Future of Innovation Pavillion. It has create three experience zones – sustainability pavilion, green technology zone and skill development & CSR initiatives.

Incepted in 2010, GIM has become Karnataka’s premier investment platform, fostering economic growth, industrial innovation and policy dialogue.

Manasi N. Tata, Vice Chairperson, Toyota Kirloskar Motor, said, “At Toyota Kirloskar Motor, our journey has always been about creating lasting value for society through innovation, sustainability, and inclusivity. Karnataka, a progressive state, has been the foundation of our growth in India, and we are deeply grateful for the opportunity to give back to the community through our continued investments in industrial progress and clean mobility solutions.”

Swapnesh. R. Maru, Deputy MD - Corporate Planning, Green Field Project, Toyota Kirloskar Motor, said, “At Toyota Kirloskar Motor, we believe that sustainability is about living in harmony with nature, seamlessly weaving together people, progress, and the planet to create a home where no one is left behind. Our journey toward green mobility is driven by a deep sense of responsibility to create a cleaner, safer, and more inclusive future for generations to come. Our participation in Invest Karnataka 2025 is a testament to that vision. Through our multi-pathway approach to carbon neutrality, we are driving meaningful change in the Indian automotive landscape and remain steadfast in our vision of contributing to ‘Viksit Bharat’ by fostering an ecosystem of collaboration, innovation, and responsible manufacturing. Together, with every step we take, we move closer to a world where growth and environmental responsibility go hand in hand.” 

Sudeep Dalvi, Chief Communication Officer, Senior Vice President & Head of State Affairs, Toyota Kirloskar Motor, said, “Sustainability is at the core of Toyota’s global philosophy, and at Toyota Kirloskar Motor, we are dedicated to pioneering clean and efficient mobility solutions that align with India’s carbon neutrality goals. We are grateful to the Government of Karnataka for its progressive policies and strong support, which have fostered a robust industrial ecosystem, enabling Karnataka to emerge as a key hub for manufacturing and innovation under the ‘Make in India’ vision. The state’s forward-thinking approach has not only accelerated the adoption of green mobility but has also strengthened the foundation for skill development and localisation. Through our participation in Invest Karnataka 2025 GIM, we continue to support the state’s industrial ecosystem by nurturing technological advancements, skill development, and responsible manufacturing practices."

Till date, Toyota Kirloskar Motor has invested over INR 160 billion in Karnataka along with an additional INR 40 billion being executed towards its third plant in the region. Furthermore, the company has also focussed on skilling, localisation and sustainability, with the Toyota Technical Training Institute (TTTI) expanding to 1,200 students, including 600 female students, to make Karnataka’s youth future ready. The OEM is also developing 16 Government Tool Room & Training Centers (GTTC), with plans to expand to 36 by 2026, and partnering with 49 ITIs, having trained 2,975 students so far, with a target of 88 institutes.

Comments (0)

ADD COMMENT

    Mahindra SUV Sales See 28% Growth In April 2025

    Mahindra

    Mumbai-based automotive major Mahindra & Mahindra has announced its wholesales for April 2025 at 84,170 vehicles, a growth of 19 percent, including exports.

    The auto major sold a total of 52,330 SUVs in the domestic market, which was 28 percent higher than 41,008 SUVs sold for the same period last year. Commercial vehicle sales in the domestic market came at 22,989 units, which was 4 percent YoY. 

    Veejay Nakra, President, Automotive Division, Mahindra & Mahindra, said, “Building on the strong momentum of last year's performance, we began the year on a strong note in April by achieving SUV sales of 52,330 units, a growth of 28 percent and total vehicle sales of 84,170 units, a 19 percent growth over the same month last year. These numbers indicate the strength of our portfolio and customer offerings.”

    Comments (0)

    ADD COMMENT

      JSW MG Motor India Sells 5,829 Vehicles In April 2025

      JSW MG Motor Windsor EV

      JSW MG Motor India, a leading passenger vehicles manufacturer, has announced its wholesales for April 2025.

      The company reported sales of 5,829 units, which was 23 percent higher over April 2024, when it sold 4,725 vehicles.

      Interestingly, the automaker's popular offering, the Windsor EV, has continued to be the top-selling electric passenger vehicle for the seventh month in a row.

      JSW MG Motor India's Windsor EV has now gone home to over 20,000 customers.

      Comments (0)

      ADD COMMENT

        SUVs & Exports Power Maruti Suzuki India Sales in April 2025

        Maruti Suzuki Swift

        Maruti Suzuki India, the country’s largest carmaker, has reported its wholesales of 179,791 units in April 2025, marking a 7 percent increase compared to 168,089 units sold in April 2024. The growth was primarily propelled by strong performance in utility vehicles and a sharp rise in export volumes.

        Domestic sales, including passenger and light commercial vehicles, remained flat with 142,053 units, as compared to 140,448 units in April 2024. Within this, light commercial vehicles (LCVs) like the Super Carry saw a significant jump of 34.2 percent, with sales rising to 3,349 units from 2,496 units last year.

        In the passenger vehicle segment, SUVs such as the Brezza, Ertiga, Grand Vitara and others recorded a 4.4 percent increase, selling 59,022 units compared to 56,553 in the previous year. However, sales for Eeco declined by 5.2 percent, while the mini segment (Alto, S-Presso) saw a sharp 45 percent drop, falling to 6,332 units from 11,519 units. The compact segment, which includes high-volume models like the Baleno and Swift, grew by 8.1 percent, reaching 61,591 units.

        Sales to Toyota Kirloskar Motor rose sharply by 79.2 percent, from 5,481 units to 9,827 units, indicating a growing demand for cross-badged products.

        The standout performer was the export segment, which surged 26 percent to 27,911 units from 22,160 units in April 2024. This strong export growth helped bolster the company’s overall numbers despite weaknesses in domestic sub-segments.

        While some product lines such as the mid-size sedan Ciaz (-63 percent) continue to struggle.

        Comments (0)

        ADD COMMENT

          Tata Motors Reports 72,753 Units Sold in April 2025; PV and CV Segments Show Decline

          Tata Motors

          Tata Motors reported total wholesales of 72,753 units for April 2025, reflecting a 6 percent year-on-year decline from 77,521 units in April 2024.

          The passenger vehicle (PV) segment, including electric vehicles, accounted for 45,532 units, down 5 percent from 47,983 units in the same month last year. Within this, domestic PV sales dropped 6 percent to 45,199 units, while international business (IB) sales rose significantly to 333 units, up from 100 units. Electric vehicle sales (domestic + IB) declined 16 percent year-on-year to 5,318 units.

          Commercial vehicle (CV) sales stood at 27,221 units, marking an 8 percent YoY drop from 29,538 units in April 2024. Domestic CV sales contracted 10 percent to 25,764 units, while CV exports (IB) grew 43 percent to 1,457 units. Key sub-segments like Small Commercial Vehicles (SCV) and pickups saw a steep 23 percent decline.

          Despite growth in certain categories like ILMCV trucks and passenger carriers, overall sales momentum was tempered across both PV and CV segments.

          Comments (0)

          ADD COMMENT