Toyota inaugurates New Engine Production Plant in India
Toyota Industries Engine India (TIEI), a joint venture between Kirloskar Systems Ltd. (KSL) and Toyota Industries Corporation - Japan (TICO), in...
Toyota Industries Engine India (TIEI), a joint venture between Kirloskar Systems Ltd. (KSL) and Toyota Industries Corporation - Japan (TICO), in India, today announced the inauguration of a new engine production plant at Jigani Industrial Area, Bengaluru. The plant is spread across 22 acres with an investment of Rs. 1,100 crore, the engine manufacturing plant operates with a production capacity of 108,000 units/year and manufactures 1GD-FTV 2.8 litre & 2GD-FTV – 2.4 litre engines. The 2.4 litre & 2.8 litre engines equip Manual Transmission & Automatic Transmission of Innova Crysta respectively.
The new plant was inaugurated by the Chief Guests Shri. Siddaramaiah, Honorable Chief Minister of Karnataka, Government of Karnataka and Shri Anant G Geete, Honorable Union Minister for Heavy Industries and Public Enterprises, Government of India.
Commenting on the occasion, Shri. Siddaramaiah, Honorable Chief Minister of Karnataka, Government of Karnataka, said “I am very much delighted to be a part of the Engine Plant Opening Ceremony of Toyota Industries Engine India. Toyota’s two decades presence in Karnataka has made it a household name. All Toyota employees are Karnataka’s Brand Ambassadors and we are proud of their achievements. We want Toyota to continue and make future investments in the state of Karnataka.”
Commenting on the new initiative Mr. Vikram S Kirloskar, Vice Chairman – Toyota Kirloskar Motor Pvt. Ltd. & Director, Toyota Industries Engine India Pvt. Ltd said “Today is indeed a proud day for all of us at Toyota Industries Engine India, as we unveil our first ever Diesel engine plant here at Bengaluru. The introduction of GD series engines not only equips superior technology but also meet the new fuel efficiency policies mandate in the country. We realize diesel engine technology will remain an integral part of every automaker with strict fuel efficiency norms being implemented in India, therefore this engine project will strengthen our diesel business in the country marking Toyota’s first diesel manufacturing plant in India.” “We hope to grow together with the local community and ramp up the process of manufacturing cars in India with readily available diesel engines made from our new Bengaluru plant”, he further added.