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    © Department of Culture and Tourism – Abu Dhabi / Photo Yiorgis Yerolymbos (PRNewsfoto/Louvre Abu Dhabi)

    Last chance to apply for Art Here 2026, with submission deadline extended to 14 June

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    Syngenta to divest its Flowers business into a Joint Venture with Dümmen Orange.

  • National
    • All
    • Economy & Politics
    • Election

    President Confers Padma Awards on Three Personalities from Karnataka

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Prime Minister Shri Narendra Modi distributes more than 51,000 appointment letters to the newly appointed youth in Government Under Rozgar Mela.

    Last chance to apply for Art Here 2026, with submission deadline extended to 14 June

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

    Dr Agarwals Eye Hospital Celebrates a Decade of Excellence in Mysuru.

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    International Para Athletics Championships in Bengaluru from May 26.

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    • All
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    • Travel

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Toyota Kirloskar Motor Signs Strategic MoU with Government of Karnataka to Establish “TKM Bizintel Hub”.

by FWM
May 25, 2026
in Auto, Business
0

PHOTO CREDIT-TOYOTA KIRLOSKAR

Bangalore, May 25th, 2026: Toyota Kirloskar Motor (TKM) today announced the signing of a Memorandum of Understanding (MoU) with the Government of Karnataka to expand its operations in India by establishing the “TKM Bizintel Hub” at KWIN City, Bangalore. This initiative reflects the strong collaboration and a shared commitment to strengthening engineering capabilities and digital innovation.

Toyota Kirloskar Motor Signs Strategic MoU with Government of Karnataka to Establish “TKM Bizintel Hub”
Memorandum of Understanding (MoU) was signed in the presence of  Siddaramaiah, Chief Minister of Karnataka, Dr. M.B. Patil,  Minister, Large and Medium Industries, Government of Karnataka and senior ministers along-with senior officials from Toyota Kirloskar Motor.

Spread across 300 acres, the proposed TKM Bizintel Hub will pursue multiple strategic objectives to enhance the overall competitiveness of the entire value chain including the testing and evaluation of mobility solutions, digital transformation across all business operations and the implementation of intelligent manufacturing initiatives. The Hub is expected to position India prominently within Toyota’s global outlook in the near future by leveraging the country’s robust skilled engineering manpower and information technology ecosystem.

Siddaramaiah, Chief Minister, Government of Karnataka, said, “Toyota Kirloskar Motor has been a trusted long-term partner in Karnataka’s growth journey. The MoU marks another important milestone as we work together to deepen technology-led investments, create quality employment and promote sustainable industrial development. This partnership further strengthens Karnataka’s leadership as a global investment destination and reinforces our commitment to innovation‑ driven growth.”

Speaking on the occasion, Mr. Masakazu Yoshimura, Chairman, MD & CEO, Toyota Kirloskar Motor, said, “We are grateful to the Government of Karnataka for its continued support and collaboration over the years which has played a key role in our journey. India has always been a strategically important market for Toyota to drive innovation and sustainable mobility initiatives. The TKM Bizintel Hub will support testing and evaluation activities, advancements in digital transformation and intelligent manufacturing across the entire supply chain business, leveraging on India’s robust information technology ecosystem with skilled talent. Anchored in TKM’s focus on localization and responsible growth, this initiative aligns with the company’s multipathway approach towards achieving carbon neutrality goals and meeting the national priorities such as Make in India and Atmanirbhar Bharat.”

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Through this partnership, Toyota Kirloskar Motor and the Government of Karnataka aim to further strengthen the state’s position as a leading destination for strategic technology investment and future‑ready talent, while supporting sustainable economic growth and innovation‑led employment generation.

The proposed location for the TKM Bizintel Hub is KWIN (Knowledge, Wellbeing, and Innovation) City, located along the Doddaballapur–Dabaspet Highway, an integrated smart city initiative being developed by the Government of Karnataka, with a strong focus on innovation, healthcare and information technology.

Overview of TKM

Equity participation Toyota Motor Corporation (Japan): 89%, Kirloskar Systems Limited (India): 11%
Number of employees Over 6,665
Land area Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Total Installed Production capacity Up to 3,42,000 units

Overview of TKM 1st Plant:

Established October 1997 (start of production: December 1999)
Location Bidadi
Products Innova HyCross, Innova Crysta, Fortuner, Legender manufactured in India.
Installed Production capacity Up to 1,32,000 units

Overview of TKM 2nd Plant:

Start of Production December 2010
Location On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products Camry Hybrid, Urban Cruiser Hyryder, Hilux
Installed Production capacity Up to 2,10,000 units

*Other Toyota Models: Glanza, Rumion, Urban Cruiser Taisor

**Imported as CBU: Vellfire, LC 300

Tags: “TKM Bizintel Hub”.Government of KarnatakaToyota Kirloskar Motor

FWM

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