TKM registers a 53% growth in domestic sales in November 2021
TKM registers a 53% growth in domestic sales in November 2021
Sells over 13,000 units in the month of November 2021
December 1st 2021, Bangalore: Toyota Kirloskar Motor today announced that the company sold a total of 13,003 units in the month of November 2021, thereby registering a 53% growth over sales in the corresponding period last year. For reference, the company had sold a total of 8508 units in November 2020. TKM also registered a 5% growth over domestic sales when compared to October 2021. TKM had sold a total of 12,440 units in the month of October this year.
| Wholesales | November | 2020 | 2021 | Growth |
| Domestic | 8508 | 13,003 | 53% |
| Wholesales | 2021 | October | November | Growth |
| Domestic | 12,440 | 13,003 | 5% |
Commenting on the sales, Mr. V. Wiseline Sigamani, Associate General Manager(AGM), Sales and Strategic Marketing, TKM said, “Demand from the market continues to be strong which is duly reflected in our booking orders and we are trying our best to cater to these orders.
Spike in both demand & orders can be attributed to the popularity our products enjoy amongst our customers and has been further aided by the recent product refreshments, including the launch of the new Legender 4×4 and the Innova Crysta limited edition. Both the Fortuner and the Innova Crysta continue to lead their respective segments and we thank our customers for their trust in the brand. We are hopeful of closing the calendar year next month with growth to show in all segments including the Glanza and the Urban Cruiser where TKM’s presence is relatively new. However, with the positive response that both the models have garnered, we are trying our best to reach out to customers even in remote locations by further penetrating our reach in such areas”.
Overview of TKM:
| Company name | Toyota Kirloskar Motor Private Limited |
| Equity participation | TMC: 89%, Kirloskar Systems Limited (Mr. Vikram S. Kirloskar): 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, Fortuner manufactured in India. Vellfire imported as CBU |
| 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 |
| Installed Production capacity | Up to 2,10,000 units |
