Japanese automaker, Toyota recently inaugurated its engine production subsidiary, Toyota Industries Engine India Private Limited. The event was attended by chief guests Anant G Geete, Honourable Union Minister of Heavy Industries and Public Enterprises, Government of India, Siddaramaiah, Honourable Chief Minister of Karnataka, Government of Karnataka, as well as Japan's envoy to India, Minister Akio Isomata, and many representatives from Toyota Motor Corporation and TIEI's suppliers.
At the opening ceremony, Kiyotsugu Kurimoto, president of TIEI, revealed his ambitions for the company: “My goal is for TIEI to become an India's leading engine manufacturer in the near future, and I hope that TIEI's monozukuri (manufacturing) will contribute to the sustainable growth and development of local communities.” Akira Onishi, president of Toyota Industries, spoke of his expectations of TIEI employees: “I believe that TIEI will grow in the promising market of India, and I wish for it to become a company that is trusted both by local communities and by Indian society as a whole.”
The new engine facility will manufacture powerful and high performance Global Diesel engines that includes 1GD-FTV 2.8-litre and 2GD-FTV 2.4-litre diesel motors. As compared to the 2KD engines that was used earlier, the former is 71 percent more powerful and 7 percent more fuel efficient while the 2.4L GD is 47 percent more powerful and 13 percent more fuel efficient. The plant, currently employs 1200 personnel and has an annual engine production capacity of 1,08,000 units.
Set up with an investment of Rs 1100 crore, the facility is spread across a massive 40,000 sq-m of land, employs 1200 personnel, and has a capacity to roll out 1.08 lakh units per annum. It is set up by Toyota Industries Engine India (TIEI), a joint venture between Kirloskar Systems (KSL) and Toyota Industries Corporation, Japan. India becomes the third country after Thailand and Japan to get the Toyota’s Global Diesel engine plant.