Toyota has said that it will start the production of its recently launched entry-level sedan Etios in third week of December from its second manufacturing facility in India at Bidadi in Bangalore. Toyota is present in India through a joint venture with the Kirloskar Group-Toyota Kirloskar Motor (TKM).
“We shall commission our second plant in Bidadi by last week of December this year. Initially we will begin operation in one shift.” Toyota Kirloskar Motor Executive Managing Coordinator Director Marketing Koji Nagata said.
“From next year it will commence production in two shifts,” he said. He also added that the company has invested close to Rs 3,200 crore in the second manufacturing facility and the plant has production capacity of 80,000 units per annum.
“At present, the localisation for Etios is 70 per cent. With the introduction of engines and transmissions in 2012, the plan is to increase localisation up to 90 per cent,” Nagata said. At present, almost 70 per cent of the components for Etios are sourced locally, and the critical components such as engines and transmissions are imported from Japan.
The company is planning to open booking for Etios Liva in April next year.
“Amidst plan to double its sales in India next year to 1,40,000-1,50,000 units, TKM will launch the hatchback Etios Liva next April,” TKM General Manager Sales Division Sailesh Shetty said.