Continue on TOI App
Open App
OPEN APP

Toyota Industries starts new engine facility in Bengaluru

BENGALURU: Toyota Industries, a JV between Kirloskar Systems and Toyota Industries Corp, started a new engine production plant for the manufacture of Global Diesel (GD) engines at an investment of Rs 1,100 crore in the suburbs of Bengaluru.

Tired of too many ads?go ad free now
The facility, in Jigani industrial area, is spread over 22 acres and has a capacity of 108,000 units per year and manufactures 1 GD (Global Diesel)-FTV 2.8 litres and 2 GD-FTV 2.4 litres engines. It is third GD engine plant for Toyota in the world after Japan and Thailand.

"The introduction of the GD series engines not only equips superior technology but also meet the new fuel efficiency policies mandate in the country. We realise diesel engine technology will remain an integral part of every automaker with strict fuel efficiency norms being implemented in India," Vikram Kirloskar said.

"I understand that this engine plant is dedicated for captive consumption is the largest investment made by Toyota in India. A huge amount of import substitution will be achieved by having nearly 150 parts localised," Karnataka chief minister Siddaramaiah said.

The production unit, which will manufacture powerful high performance GD engines, will contribute to enhanced fuel efficiency and has provisions to upgrade to BS V and BS VI emission norms in the future, Toyota said on Thursday. It will provide employment to about 1,200 people.

Stay informed with the latest Business News on Times of India. Explore the list of Bank Holidays, stay informed about Budget 2025, discover the new Income Tax Slabs, and use the Income Tax Calculator for hassle-free tax planning.

Unlock Investment Potential: Enroll in ET's Stock Valuation Workshop - Batch 3. Secure Your Spot Now!

Start a Conversation

Post comment
Continue Reading
Follow Us On Social Media
end of article
More Trending Stories
Visual Stories
More Visual Stories
UP NEXT
Do Not Sell Or Share My Personal Information