The Fact Maker

Toyota Kirloskar Motor joins hands with International School of Business & Media for Skill Development

Bangalore : In its pursuit of contributing to Skill India, Toyota Kirloskar Motor (TKM) today announced the signing of a Memorandum of Understanding (MoU) with International School of Business and Media (ISBM), Bangalore,  through its training arm – Toyota Learning and Development India. The initiative is focused on sharing Toyota’s best practices with the faculty, bridge the industry-academia gap and equip students with employable skills.

Talking about the collaboration, Dr. S. Jayaraman, Director, ISBM said, “We are delighted to enter into an association with the global leader in manufacturing. Toyota’s practices have inspired many organizations around the world. Through this partnership, students of ISBM will get access to knowledge of global practices of Toyota to enrich themselves and equip with skills required to be industry ready. ISBM is a school with a difference and our values are built on egalitarianism, mutual respect, and openness. We always follow best practices and standards with a spirit of responsibility, liberty, integrity, and a sense of partnership. We look forward to an enduring relationship with TKM for creating transformational leaders”.

Sharing his thoughts on the tie-up, Mr. G. Shankara, Vice President, Human Resources and Services Group, Toyota Kirloskar Motor, said, “At Toyota, we identify the career aspirations of the employees and develop their skills, knowledge and attitude from a mid-to-long-term perspective. As a result, our employees have won laurels at national and international forums. In continuation to TKM’s vision of ‘Grow India and Grow with India’, we intend to enrich the skills and quality of students in India by sharing Toyota’s best practices with our stakeholders thereby producing happiness and developing competitiveness among the youth”.

“TKM’s skill development center, Gurukul, has trained more than 35,000 youth since its inception. The company also plays a pivotal role in developing the faculty from Industrial Training Institutes (ITIs) and engineering colleges in Karnataka, Kerala, Tamil Nadu, and Odisha. This year, TKM has conducted webinars on electrified vehicle technologies for more than 6,000 engineering students spread across 10 states in India. Additionally, it has taken the initiative to develop an ITI in all the 31 districts of Karnataka,” Mr. G. Shankara added.

Under the MoU, the program will focus on developing the faculty and students from Engineering, Master’s in Business Administration (MBA) and Media streams. Students will be trained in topics like lean manufacturing, supply chain management, xEV technologies, strategic financial management, human resources management etc. Trainers certified by Toyota Motor Corporation (TMC), Japan and Asia-Pacific Global Production Center (AP-GPC), Thailand will impart the training.

Overview of TKM:

Company nameToyota Kirloskar Motor Private Limited
Equity participationTMC: 89%, Kirloskar Systems Limited (Mr. Vikram S. Kirloskar): 11%
Number of employeesApprox. 6,000
Land areaApprox. 432 acres (approx.1,700,000 m2)
Building area74,000 m2
Total Installed Production capacityUp to 3,10,000 units

Overview of TKM 1st Plant:

EstablishedOctober 1997 (start of production: December 1999)
ProductsInnova, Fortuner manufactured in India.
Vellfire imported as CBU
Installed Production capacityUp to 1,00,000 units

Overview of TKM 2nd Plant:

Start of ProductionDecember 2010
LocationOn the site of Toyota Kirloskar Motor Private Limited, Bidadi
ProductsCamry Hybrid
Installed Production capacityUp to 2,10,000 units