Toyota Kirloskar Motor Inducts two New Directors to its Board

Overview of TKM 

Bangalore, 24 January 2023: Toyota Kirloskar Motor (TKM) today announced the elevation of its two senior officials to its Board. Mr. Tadashi Asazuma and Mr. Swapnesh R. Maru inducted as new Directors in the board of TKM with effect from 19th January 2023.

Mr. Tadashi Asazuma currently holds the position of Executive Vice President and heads the Sales, Service & Used Car function of TKM. Mr. Asazuma brings with him a rich global automobile industry experience of working for Toyota in Japan and regions like Middle East.

Mr. Swapnesh R, Maru, currently serving as the Executive Vice President & Chief Compliance Officer and oversees Finance, Human Resources & Administration, Information Technology, Legal and Corporate Planning at TKM. His experience includes a stint at Toyota Daihatsu Engineering & Manufacturing Co., Thailand.

As a people-centric organization, TKM ensures continuous efforts to strengthen its leadership and reinforce its commitment of producing ‘Mass Happiness to All’.

Overview of TKM 

Equity participation Toyota Motor Corporation: 89%, Kirloskar Systems Limited: 11%
Number of employees Approx. 6,000
Land area Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Total Installed Production capacity Up to 3,10,000 units

 Overview of TKM 1st Plant:

Established October 1997 (start of production: December 1999)
Location Bidadi
Products Innova HyCross, Fortuner manufactured in India.
Installed Production capacity Up to 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 Toyota Camry Hybrid, Urban Cruiser Hyryder, Hilux
Installed Production capacity Up to 2,10,000 units

Leave a Reply

Your email address will not be published. Required fields are marked *