Toyota Kirloskar Motor Inducts two New Directors to its Board
Toyota Kirloskar Motor Inducts two New Directors to its Board
Appoints two New Board of Directors effective 19th January 2023
Bangalore, 23 January 2023: Toyota Kirloskar Motor (TKM) today announced the elevation of its two senior officials in 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 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 |
