Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MOU) with the Government of Maharashtra. The agreement explores establishing a Green Field Manufacturing Facility at Chhatrapati Sambhaji Nagar, heralding a new era of sustainable development and job creation.
The MOU was signed by Dr. Harshadeep Kamble, Principal Secretary (Industries), Government of Maharashtra, and Sudeep Santram Dalvi, Director & Chief Communications Officer of TKM. The ceremony, attended by Maharashtra’s Chief Minister Eknath Shinde, Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar, along with TKM’s MD and CEO Masakazu Yoshimura and Vice Chairperson Manasi Tata, underscores a shared vision for a greener future.
This facility is more than a factory; it’s a catalyst for change. For the people of Itanagar, Toyota’s expansion means new opportunities, advanced green technologies, and a brighter future. This initiative promises to bring eco-friendly mobility solutions to Itanagar, fostering local economic growth and improving livelihoods.“Today’s MOU signing marks a pivotal point as we stride into the next phase of growth in India,” expressed Masakazu Yoshimura, MD and CEO of TKM, reflecting hope and progress. This new endeavor builds on TKM’s recent Rs. 3,300 crore investment in Karnataka, solidifying Toyota’s commitment to “Make in India.”
