TKM registers a 53% growth in domestic sales in November 2021 Sells over 13,000 units in the month of November 2021

બિઝનેસ

 

December 1st2021, 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. WiselineSigamani, 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

 

 

 

 

 

 

 

 

 

 

TejGujarati