Toyota Kirloskar Motor Targets 30% Women Workforce by 2030
- By MT Bureau
- August 23, 2024
Toyota Kirloskar Motor, one of the leading passenger vehicles manufacturer in the country, has announced its commitment to advance gender equality and women empowerment.
As part of its long-term vision, Toyota Kirloskar Motor has set a target to increase the representation of women in its workforce to 30 percent by 2030. To achieve this, the OEM states it has implemented a series of Diversity, Equity, and Inclusion (DEI) initiatives, including the formation of a focussed senior level team dedicated to DEI, extensive benchmarking across industries and aligning with the International Labour Organisation’s 2030 agenda of creating greater opportunities for women.
On 13 March, 2024, Toyota Kirloskar Motor celebrated a significant milestone with the capping ceremony of its first batch of 55 women supervisors, along with the induction of 160 new female team members, raising the total number of women in the company to over 450, with plans to reach more than 850 by the end-2024. It has also introduced a Gender Diversity Standard Operating Procedure Manual, detailing best practices for promoting gender diversity. These efforts, including unconscious bias surveys and the ‘Samvardhana’ sensitisation program.
In recognition of Women's Equality Day on 26 August and aligning with the United Nations Sustainable Development Goals (SDGs), particularly SDG 5 (Gender Equality) and SDG 8 (Decent Work and Economic Growth), Toyota Kirloskar Motor is undertaking a series of transformative measures aimed at fostering an inclusive and diverse workplace.
G. Shankara - Executive Vice-President, Finance and Administration, Toyota Kirloskar Motor said, “At Toyota Kirloskar Motor, we believe that gender equality is not just a goal, but a critical driver of our success and sustainability. Our commitment to fostering an inclusive and diverse workplace is deeply embedded in our organisational values, and we are proud to be making significant strides in empowering women within our workforce. By setting ambitious targets and investing in the necessary infrastructure and training programs, we are not only enhancing gender diversity but also creating a work environment where every individual can thrive. As we celebrate Women’s Equality Day, we reaffirm our dedication to creating equal opportunities and paving the way for a more equitable future for all.”
The company states its three-year residential course at Toyota Technical Training Institute (TTTI) now has its intake doubled to 1200 students, with up to 600 female students, while the Toyota Kaushalya program offers a two-year training program for rural and economically disadvantaged students. To support this initiative, TKM has made significant infrastructure investments, including the construction of a new dormitory at Toyota Technical Training Institute (TTTI) to accommodate 600 female students, and the enhancement of safety features and facilities such as upgraded restrooms and locker rooms.
Maruti Suzuki India, AU Small Finance Bank Launch Suhana Safar Initiative
- By MT Bureau
- July 02, 2026
AU Small Finance Bank has partnered with Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, to introduce 'Suhana Safar', a scheme that links Recurring Deposits (RD) to auto loans. The initiative is aimed at first-time car buyers and applies to the Alto K10, S-Presso, Celerio and WagonR models.
Under the programme, customers open an RD account with AU Small Finance Bank and deposit a monthly amount equivalent to the future car EMI for 3 to 6 months. Upon maturity, the accumulated funds, which have earned interest, are used as the down payment for the vehicle, after which the bank provides the auto loan.
The scheme allows customers to save and earn interest while demonstrating repayment capacity before committing to a loan. The bank also uses this process to evaluate creditworthiness.
AU Small Finance Bank offers RD interest rates of 4.75 percent to 7.40 percent per annum for the general public, and 5.25 percent to 7.90 percent per annum for senior citizens.
Skoda Kodiaq RS Launched At INR 6.69 Million In India
- By MT Bureau
- July 02, 2026
Czech automaker Skoda Auto India has introduced the new Kodiaq RS, the first SUV to carry the performance-focused RS badge in the Indian market at INR 6.69 million (ex-showroom).
The company limited the initial release to 50 units, which were sold out within six minutes of launch. This release aligns with the 50th anniversary of the RS badge and the 125th year of the brand’s motorsport history.
Ashish Gupta, Brand Director, Skoda Auto India, said, “The RS badge represents an iconic performance legacy. Bringing it to our flagship 4x4, all-terrain, 7-seater SUV combines luxury, capability and motorsport DNA in one offering. The overwhelming response, with all units sold out in minutes, reflects the strong enthusiasm among customers.”
The Kodiaq RS features a 2.0-litre TSI engine producing 195 kW (265 PS) and 400 Nm of torque, paired with a 7-speed DSG transmission and all-wheel drive. The vehicle accelerates from zero to 100 kmph in 6.3 seconds, with a top speed of 231 kmph.
The vehicle is equipped with progressive steering and the latest-generation Dynamic Chassis Control (DCC) Plus, which allows drivers to adjust damping characteristics. The Driving Mode Select offers multiple settings, including Eco, Comfort, Normal, Sport, Individual, Snow and a dedicated Off-Road mode.
The exterior includes black accents on the grille frame, mirrors, window frames, roof rails, and the D-pillar. The front features a bumper with black elements and a horizontal light strip in the grille. The rear includes a full-width reflector, blacked-out lettering, and stainless-steel exhaust tips. The SUV is fitted with 20-inch Elias alloy wheels and is available in Moon White, Magic Black, Velvet Red and Steel Grey.
Honda Cars India Reports 5,243 Unit Wholesales In June 2026
- By MT Bureau
- July 01, 2026
Honda Cars India (HCIL), a leading passenger vehicle manufacturer, has announced wholesales of 8,788 units in June 2026.
In the domestic market, the company sold 5,243 units and 3,545 units for export, which marks 71.5 percent YoY, when the company sold 4,618 units domestically and exported 506 units.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, "The launch of new City and India Premiere of global SUV Honda ZR-V has generated strong momentum for our overall sales including Amaze and Elevate during June, driven by healthy customer demand and a positive market response. With Monsoon conditions expected to improve during July, we hope to sustain this positive momentum in the months ahead.
“The deliveries of ZR-V are also scheduled to begin from July. It will draw discerning new customers and prospects into Honda showrooms, enhancing our premium brand appeal and unlocking new growth opportunities,” he added.
Renault India Reports 4,063 Unit Wholesales For June 2026
- By MT Bureau
- July 01, 2026
French automotive company Renault India has recorded 4,063 domestic wholesale units in June 2026, a 55 percent YoY increase compared to the previous year. This also marks the 10th consecutive month of double-digit growth for the company.
Interestingly, for H1 CY2026, the company reported sales of 25,844 units, representing 61 percent YoY growth.
During June, Renault India began exports of the Duster, dispatching 750 units to South Africa. The company stated that this performance reflects customer response to its product strategy and demand across its portfolio.
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