Toyota Kirloskar to ramp up production capacity
17 March 2011
Toyota Kirloskar Motor has announced ramping up its production capacity to 2,10,000 units per year from the current 1,50,000 units to cater to the strong demand for its vehicles like the Etios sedan launched late last year.
According to managing director Hiroshi Nakagawa, the demand for the Innova and Fortuner had grown persistently in recent months and consequently the waiting period. He added that the huge demand for the Etios had provided added momentum for expansion of capacity.
The annual production capacity at Toyota Kirloskar's first plant would be hiked to 90,000 units from 80,000 units, while that of the second plat where the Etios is currently manufactured would go up to 120,000 units from the current 70,000 units according to the company.
The expansion would be carried out in a phased manner starting July 2011 and extending into the April-June quarter of 2012, according to the company.
The company, in a recent announcement, said it would start a second production shift from April to defer the launch of Liva, the hatchback version of the Etios, to cater to the existing demand for the Etios sedan.