Pune (Voice News Service): Toyota Kirloskar Motor (TKM) today announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar Auto parts (TKAP). The resolution passed in its board meeting, comes after the untimely demise of Late. Mr. Vikram S. Kirloskar, former Vice Chairman of Toyota Kirloskar Motor.
Already serving as a member of the Board of Directors at Toyota Kirloskar Motor Private Limited, Ms Manasi Tata is an integral part of TKM’s corporate decisions and strategic operations. Driven by a sense of passion and sharp business acumen, she has always been an active Board member while keenly supporting Mr. Kirloskar in his vision for TKM.
Congratulating and welcoming Ms. Manasi on the new position, Mr. Masakazu Yoshimura Managing Director & Chief Executive Officer (MD & CEO), Toyota Kirloskar Motor said: “As a young business leader, Ms. Manasi Tata brings with her inclusive thinking and a people centric outlook that are critical in our pursuit of excellence across all areas. This, along with her sharp understanding of the Indian auto industry will further strengthen TKM’s commitment towards delivering ‘Mass Happiness to All’.”
Commenting on her new role, Ms. Manasi said “I’m excited to enrich my journey with Toyota Kirloskar Motor. I am confident that with my personal belief of putting people first we will continue to create the best value not only for customers but also for the entire system from suppliers to dealers.”
Deeply dedicated to Environmental, Social, and Governance (ESG) goals, Ms Manasi Tata is truly committed to take forward her father’s dream and vision of contributing towards accomplishing national goals and remains dedicated towards enriching the strong bond of Toyota and Kirloskar Partnership thus upholding its successful long-term business relations.
Ms Manasi Tata, a graduate from the Rhode Island School of Design in the US, is well conversant in Toyota manufacturing processes and with the Japanese work culture. A fifth-generation scion of the Kirloskar empire, Ms. Manasi holds art very close to her heart and her NGO, “Caring with Colour” leverages this passion of hers, works with Government schools in three districts of Karnataka.
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 |
