Archives June 2024

Deeply saddened by the passing away of Sri Ramoji Rao Garu, FTCCI sends a condolence message

Hyderabad,10th June 2024. The Federation of Telangana Chambers of Commerce and Industry (FTCCI), the 107-year-old trade and commerce body, expressed its condolences over the passing away of media legend Shri Ramoji Rao. We are deeply saddened by the passing away of Sri Ramoji Rao Garu.

The rich contributions to the Telugu press and media and film industry are commendable and remain forever said Meela Jayadev, President, Suresh Kumar Singhal, Sr Vice President; Ravi Kumar. R, Vice President, FTCCI in a press note issued today. A recipient of the Padma Vibhushan, the release stated that his vision and quest for excellence left an indelible mark on the Telugu film industry and media.

Ramoji Rao Garu’s passion for language, culture, and entrepreneurial spirit always kept Eenadu Group above all the media houses, they added. The passing away of Sri Ramoji Rao Garu is a great loss to the Telugu people and the Telugu language they said and they conveyed their deepest condolences to his family members

World Ocean Day: A Call to Protect Our Blue Planet

World Ocean Day: A Call to Protect Our Blue Planet

World Ocean Day highlights oceans’ crucial role in our lives and underscores the pressing need to protect them from deterioration. Observed annually on June 8th, this day is a global reminder of the ocean’s importance and the pressing need for its preservation. Recent surges in plastic waste in our oceans have raised global concern, calling for proactive measures from governments worldwide. As we know, nearly three-fourths of our planet is covered by water, making it our responsibility to shield our oceans and marine life from the threats posed by global warming.

Goa, renowned for its breathtaking beaches and thriving coastal environment, depends profoundly on its water reservoirs to sustain its tourism, fishing industries, and the daily routines of its residents. However, the recent surge in pollution, driven by human activities such as improper waste disposal and industrial runoff, poses a grave threat to the health of marine and freshwater ecosystems. This alarming reality extends beyond Goa, it reflects a widespread global issue as water pollution escalates to critical levels in various regions worldwide. In response to these pressing challenges, startups based in Goa, such as Wateria Technovation Private Limited, Velim Ecological Solutions and JK Nanosolutions Green Tech, are at the forefront of developing and implementing innovative technological solutions to address water pollution and conservation.

The Department of Information Technology, Electronics and Communications (DITE&C) in Goa is leading the way in fostering technological innovation and supporting startups that address critical environmental challenges. With a visionary approach, DITE&C is dedicated to creating a robust ecosystem that not only promotes IT and electronics advancements but also harnesses technology to solve critical issues such as water conservation and management. Numerous startups in Goa have thrived with the support of DITE&C, achieving remarkable progress.

One such innovative startup making waves in the realm of environmental protection is Stingray Robotix. Recognizing the potential harm that conventional underwater robots can pose to marine ecosystems—such as noise pollution from seismic surveys that disorient and harm marine animals—Stingray Robotics is developing bio-mimicking robots. These robots, designed to mimic marine animals, are used for studying marine life, conducting geological research, and exploring shipwrecks without harming ecosystems. Their natural movement allows for thorough, non-intrusive exploration and data collection in underwater environments. This startup is incubated at the Birla Institute of Technology and Science, Pilani–Goa, leveraging cutting-edge research and innovation to drive its mission forward.

Wateria Technovation Private Limited is renowned for its comprehensive water and air filtration solutions. The company specializes in manufacturing and exporting water and wastewater treatment systems, including Media Filtration, Cartridge Filtration, Water Softening, Water Polishing Systems, Dosing Systems, Reverse Osmosis Systems, and Ultra Filtration Systems. Their efforts contribute significantly to reducing water pollution and promoting sustainable water management practices. This startup, incubated from the Centre for Incubation & Business Acceleration (CIBA), a technology business incubator based in Goa. Mr. Sylman Caiado, Founder of Wateria Technovation, emphasized the ocean’s vital role in sustaining life on Earth, highlighting its incredible biodiversity. He urged efforts to preserve the ocean by preventing pollution, especially the discharge of untreated sewage and waste into the sea. “By leveraging technology, we can monitor water quality in real-time and utilize this data to implement appropriate water purification and treatment systems. This technological approach helps us tackle water challenges and build a more resilient and sustainable water future.”

Velim Ecological Solutions Pvt Ltd stands as a prominent environmental solutions provider, boasting a portfolio of over 450 successfully implemented environmental engineering projects across various scales and applications. Their utilization of Nano-bubble Technology for water aeration has garnered attention. Demonstrations of this innovative technology were conducted at Kartavya Path Canal in Delhi and Anjuna Lake in Goa. Notably, Goa became the pioneer state in deploying Nano-bubble water rejuvenation technology, effectively addressing water contamination issues. Mr. Savio Rodrigues, the co-founder, emphasized the criticality of water conservation, urging governmental attention. He underscored the importance of water rejuvenation in enhancing the water cycle and highlighted the pivotal role of Sewage Treatment Plants (STPs) in safeguarding local water sources. By adopting an eco-friendly approach, STPs contribute significantly to ecosystem protection, ensuring the preservation of pristine environments and the vitality of water bodies and stress the collective responsibility to refrain from polluting water sources, thereby nurturing a sustainable environment.

JK Nanosolutions Green Tech, a nanotechnology-based startup, is making remarkable strides in water treatment and recycling. Their advanced nanotechnology products offer rapid, single-step, low-cost solutions for treating and recycling wastewater, industrial effluents, and sewage water. To date, JK Nanosolutions has successfully treated and reused over 10 million liters of water. In 2022, under the AMRUT Scheme—which aims to enhance the quality of life by providing essential civic amenities like water supply, sewerage, urban transport, and parks—JK Nanosolutions partnered with the Corporation of the City of Panaji (CCP) to address water-related issues in the Smart City initiative. On World Ocean Day, Dr. S. C. G. Kiruba Daniel, founder of JK Nanosolutions, emphasized the critical role oceans play in our lives and the urgent need to recognize their significance. He highlighted the increasing influx of new pollutants into the environment and stressed the importance of reducing, recycling, and reusing to mitigate these impacts. Dr. Daniel pointed out that nano plastics pose a serious threat to marine life and ecosystems, urging, “If we take care of the ocean, it will, in turn, take care of our ecosystem.”

Startups are stepping up to address these challenges by leveraging technology and innovation to develop sustainable water management solutions. The Department of Information Technology, Electronics and Communications (DITE&C) commitment to nurturing technological innovation and supporting water-based startups exemplifies its broader vision of sustainable development and technological excellence. As Goa continues to evolve as a hub of innovation, DITE&C remains a driving force behind the state’s progress, ensuring that technology serves the greater good and paves the way for a sustainable future.

On World Ocean Day, we acknowledge the transformative power of technology in shaping a sustainable, inclusive, and prosperous future for our oceans. However, with this power comes the responsibility to develop and implement technology ethically and in alignment with our environmental values.

Unlocking the Potential of Play: The Baby Atelier Introduces Its Bangalore’s Flagship Store, Offering Turnkey Design Solutions

 Potential of Play

Bengaluru, 10th June 2024: The Baby Atelier, a reputable brand known for its commitment to crafting organic, toddler, and kids products, launched its flagship store in Bangalore, offering product selections and comprehensive design solutions for children’s rooms. Departing from conventional paradigms, The Baby Atelier is redefining the notion of kids’ spaces by offering seamless solutions that prioritize on trends and interactive designs while ensuring maximum functionality, longevity, and fun.

From the earliest days of infancy to the whirlwind adventures of the teen years, the brand recognizes the evolving needs and desires of children and offers solutions that are tailored to accompany every stage of growth. With design at its core, The Baby Atelier offers bespoke home design and furnishing solutions catering to kids from 0-15 years of age. These unique and on-trend spaces marry timeless designs, modern functionality, and eco-friendly materials to create a high utility, safe, and fun space for children. The comprehensive 360-degree services involve space design, encompassing composition, color schemes, furniture, accessories, and furnishings to achieve a cohesive look.

Speaking of this, Ms. Payal Karumbiah, Design Director, The Baby Atelier, says, “At The Baby Atelier, our focus is on revolutionizing children’s room aesthetics. Since this is a place where initial lessons take root, offering boundless opportunities for creativity, every detail, from design to product selection, holds immense significance. We aspire to do more than merely crafting rooms; we grasp the diverse significance a child’s bedroom holds throughout their life journey and we are dedicated to providing a comprehensive solution for all interior requirements.”

She further adds, “Childhood is a pivotal stage where minds are open to endless possibilities and where learning is paramount. At The Baby Atelier, it is our responsibility and promise to create an environment that not only inspires but also nurtures the developmental journey of every child.”

The Baby Atelier is dedicated to offering eco-friendly solutions for children, with a focus on organic fabrics and sustainability. Their product range goes beyond bed and bath linen to include furniture, interactive play products, rugs, lamps, and nightwear, all designed with simplicity, durability, and a neutral or minimalist aesthetic in mind. This minimalist design approach ensures that it’s easy to change or update the kids’ spaces as they grow. Overall, the Baby Atelier’s decor adds a stylish touch to any room, providing parents with many choices.

Experience The Baby Atelier’s diverse range at their Bangalore store: a fusion of design, sustainability, and children’s essentials.

Saint-Gobain: Leading the Way in Sustainability Awareness on World Environment Day

Saint-Gobain Leading

Bengaluru 10th June 2024: Saint-Gobain Gyproc India is thrilled to announce the success of the initiative they have taken on the occasion of Environment Day at Lulu Mall, Bengaluru, Karnataka. Saint-Gobain Gyproc’s engagement and collaboration with Lulu Mall set the stage for a remarkable event aimed at raising awareness about sustainable construction practices. The bustling ambiance witnessed a large audience engaging with gripping activities at an informative booth, showcasing the importance of water conservation achievable through innovations like Gyproc Drywalls.

Lulu Mall’s collaboration with Saint-Gobain Gyproc was instrumental in bringing forth innovative solutions for sustainable construction. Together, they showcased how solutions like Gyproc Drywall have contributed to significant water savings. By adopting such advanced technologies, Lulu Mall has exemplified its commitment to environmental conservation and resource efficiency. Through engaging displays and knowledgeable staff, attendees were informed about how Gyproc Drywall contributes to substantial water conservation compared to traditional construction methods. Gyproc’s advanced drywall technology has saved 1.6 lakh liters of water in the construction of Lulu Mall.

As part of the initiative, Gyproc distributed water bottles to shoppers, garnering happy consumers who were delighted to receive sustainable water bottles adorned with quirky and effective messaging, spreading the word on water conservation. With enthusiastic participation and positive feedback, it proved to be a grand success, resonating with attendees and inspiring eco-friendly practices within the community. This initiative aimed to raise awareness about the importance of water conservation and inspire eco-friendly practices within the community. Additionally, two exciting, competitive activities were held, further promoting environmental awareness and encouraging participants to contribute to a cleaner future.

Mr. Sudeep Kolte, Managing Director of Saint-Gobain Gyproc India, emphasized the broader importance of sustainability, stating, ‘Our commitment to sustainability is not just about one event, but a continual journey towards a more eco-conscious future. By embracing innovative solutions like Gyproc Drywall, we are not only reducing water usage but also paving the way for a greener, more sustainable tomorrow.’

The event provided visitors with valuable insights into how Gyproc Drywall contributes to water savings and environmental sustainability. By bridging the gap between construction practices and environmental conservation, Gyproc is setting a new benchmark for sustainable building solutions.

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Is a Career in Hospitality Right for You Weighing the Benefits and Drawbacks

 ___Manav Shetty

 By Manav Shetty

The hospitality and travel industry, often intertwined, beckons with promises of creativity, and human connection. For every ten job opportunities, there’s one that invites you to step into this vibrant world. But make no mistake—the hospitality industry can be as challenging and tough as it is rewarding. It requires not only a warm smile but also unwavering physical and mental presence. Aspiring hoteliers, chefs, event planners, and service professionals must navigate a dynamic landscape where customer satisfaction reigns supreme.

We delve into the allure and pitfalls of a career in hospitality, shedding light on the path that awaits those who choose to embrace it. If you’re considering this field, read on to discover the reasons why it might be your calling and the challenges you’ll need to overcome to thrive in this demanding arena.

Landscape of hospitality industry in India:

The Indian hospitality sector is booming rapidly with a strong market presence and one of the fastest-growing industries. There are multiple factors through which the landscape of the Indian hospitality sector is showing positive growth.

For instance, Domestic travel, driven by a growing middle class and increased disposable income. Innovations in accommodation, platforms like Airbnb and Oyo Rooms offering cost-effective stays. Government efforts: Developing ports as cruise tourism hubs, providing hotel services, retail, and restaurants.

According to the Business Standard, the current market size of the Hospitality Industry in India is projected to be USD 247.31 billion in 2024, with an anticipated growth of USD 475.37 billion by 2029.It is estimated that the growth is forecasted to occur at a Compound Annual Growth Rate(CAGR) of 13.96% during the annual period from 2024 to 2029. So yes, a bright future is waiting for you.

Navigating the Challenges:

Entering the hospitality industry as a newcomer can be daunting, but there are effective strategies to mitigate these challenges. Actively seeking mentorship provides invaluable guidance and industry insights. Staying updated with the latest trends and continuously honing skills through training programs are essential. Emphasising exceptional customer service and building a strong professional network are key to success. Additionally, maintaining a positive attitude, being adaptable, and leveraging technology to enhance efficiency and guest satisfaction will ensure a promising start in this dynamic field.

Opt for the best and make your decisions wisely:

Having a keen eye for detail, being innovative, having clear communication, etc. helping in improving in different aspects were colleges like Rizvi College of Hotel Management (Mumbai), Institute of Hotel Management (New Delhi), Welcomgroup Graduate School of Hotel Management (Manipal) , DY Patil Institute Of Hotel Management and Catering Technology(Pune) paves new paths to the upcoming generation of hoteliers.

The hospitality industry all across offers a vibrant landscape bringing new yet wonderful opportunities for those who are willingly accepting its challenges. Where the hospitality industry allures human connections to promote rapid growth, innovation, and creativity whereas this helps an individual with a passion of utmost drive for excellence.

However, paving and navigating through this dynamic and versatile field requires more than just a warm smile, it requires utmost dedication, an urge to learn more, and a commitment to exceeding guest expectations. Being up to date with the trending lifestyles, seeking mentorship, and honing new and improved skills. Aspiring hoteliers can chart a successful course in this rewarding yet demanding industry. As there is no stop in the growth and expansion of this industry the motive lies in making informed decisions, leveraging through new technology, and growing a culture of expectational service so that the next generation of hospitality professionals can carve out more fulfilling careers that leave a lasting impression on the industry and the guest.

Wardwizard Innovations Secures $1.29B Order to Transform Philippines Public Transport with EVs

Wardwizard Innovations

Vadodara, 8th June 2024 Wardwizard Innovations & Mobility Ltd. (WIML), a prominent manufacturer of electric vehicles under the ‘Joy e-bike’ and ‘Joy e-rik’ brands in India, has secured a significant order worth USD 1.29 billion from Beulah International Development Corporation, one of the renowned full-service business integration companies and EPC firms in the Philippines backed by RP Connect. With this, WIML will deliver products from its existing portfolio, including electric two-wheelers, and three-wheelers in the commercial and Passenger Vehicles segment, and develop four-wheelers for commercial vehicles for the Philippines markets. This order is part of a strategic collaboration, formalized through a Memorandum of Understanding (MoU), to revolutionize the public transportation system in the Philippines with electric vehicles.

The MoU was signed in the presence of Mr. Shreyas Kurhekar, Head of Production and Business Development (Exports), Wardwizard Innovations & Mobility Limited, and Ms. Nadia Arroyo, President of Beulah International Development Corporation, along with other esteemed members of both the organizations.

This partnership aims to transform public transport by bringing innovative electric vehicle technology to the Philippines, creating new job opportunities, and supporting the local economy.

Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Ltd., expressed his enthusiasm about the partnership: “We would like to thank Beulah International and RPConnect for showcasing their trust in our technology and robust product portfolio. India is becoming a hub of electric mobility for the global market, and such collaborations are a testament to our efforts in this direction. This opportunity will allow us to introduce our cutting-edge electric 2W Scooters, and develop 3W e-Trike (D+10), e-Trike (D+3 Passenger), e-Trike (D+5), e-Trike Cargo, Electric Mini Truck (1.5 Ton) and Golf Carts (6 & 14 seater) for the Philippines market.”

The partnership aligns with the Philippine Government’s Public Utility Vehicle Modernization Program (PUVMP), an ambitious initiative led by the Department of Transportation to provide a safer and more systematic daily transportation service by replacing outdated petrol and diesel vehicles with modern electric alternatives. Through this strategic partnership, Wardwizard Innovations & Mobility Ltd and Beulah International will bring innovative electric vehicle technology to the Philippines to drastically transform the transportation landscape.

Ms. Nadia Arroyo, President, Beulah International Development Corporation, highlighted the economic benefits of the collaboration, “Wardwizard’s cutting-edge EV solutions will catapult the public transportation in the Philippines and we are eager to see the change. As part of the partnership, we will be facilitating electric vehicle sales and distribution in the Philippines. Besides changing the face of the transportation system, this initiative will create new employment opportunities and bring significant investment to support the local economy over the next 10 years.”

In a joint statement, Wardwizard Innovations & Beulah International emphasized their commitment to the future of transportation in the Philippines. They showcased their willingness to play an active role in the future of transportation in the Philippines while cooperating with the government and local communities.

Danfoss India Champions Land Restoration & Sustainability on World Environment Day 2024

Danfoss

In honor of World Environment Day, Danfoss India, a world leader in climate, and energy solutions has once again reaffirmed its commitment to environmental stewardship with a series of impactful activities aimed at promoting sustainability and fostering a greener planet The multi-pronged approach of sustainable practice pledge, Tree Plantation Drive, E-Vehicle Stall, and Plastic-free Zone facilitation, have been designed to engage employees and the community in meaningful actions to protect and restore our environment.

Commenting on these initiatives, Ravichandran Purushothaman, President, Danfoss India, expressed, “ On World Environment Day, let’s remember: Our Land, Our Future. At Danfoss India, we take this truth to heart. By engaging our employees and community in activities like tree plantation and creating plastic-free zones, we are not only contributing to environmental conservation but also fostering a culture of sustainability. For over 25 years, we’ve been a partner in India’s sustainable journey, providing innovative solutions to drive energy efficiency. Danfoss stands committed to supporting India’s green revolution, from powering sustainable farms to building energy-efficient infrastructure.”

Anju Mary Kuruvilla, Director- Industry Affairs, Communications& Sustainability said, “Celebrating over 2 decades of sustainable solutions, Danfoss continues to be a proud partner in India’s net-zero journey. With a rich legacy of over 90 years, we offer a powerful toolkit for a greener future with energy-efficient technologies proven in over 120 countries. From green buildings to sustainable farming, Danfoss stands alongside India’s initiatives for clean energy, mobility, and a healthier planet. This World Environment Day, let’s join forces and accelerate our path to a sustainable tomorrow.”

Ananya Panday Reveals Hindi Trailer and Special Promo for Inside Out 2

Ananya Panday

Mumbai,8th June 2024: From the blockbuster cinematic legacy of Disney and Pixar, comes INSIDE OUT 2 releasing on 14th June. This relatable, fun story is set in a new imaginative world of adventure, comedy, and humor! With fans eagerly anticipating the release of the much-awaited sequel to 2015’s Oscar-winning Inside Out, a special media event took place in Mumbai with youth icon and Gen-Z favorite Ananya Panday. Ananya who voices for the lively teenager ‘Riley’ for the Hindi version, joined Bikram Duggal, Head of Studios, Disney Star, to unveil the Hindi trailer and an exclusive promo for India.

Giving us an entertaining sneak peek into the inner workings of our mind and the new emotions of Inside Out 2, the exciting promo was unveiled by Ananya Panday. At the event, Ananya also announced that bookings are now open across the country!

Ananya Panday said, “Emotions make us human and ground us in every situation. It’s the beautiful complexity of all these different emotions that makes us who we are and the way our mind works is shown in such an entertaining way in Inside Out 2! It was just a fabulous experience shooting this special promo; we all go through this emotional journey in our lives, and bringing it to life onscreen was super fun!”

“Our vision has always been to provide exceptional entertainment with heart and to bring relatable stories through path breaking animation on-screen. Animation films have a tremendous universal appeal, with kids and adults alike, and Inside Out 2 is that once-in-a-lifetime story that is uniquely imagined and can become a core memory for life! We are absolutely thrilled to bring Inside Out 2 to Indian audiences, and associate with Ananya Panday for the Hindi version. We believe that her youthful vivacity and persona will bring to life the relatable Gen-Z emotions and personal story of the much-awaited sequel, a story which everyone across the country will relate to!” said Bikram Duggal, Head of Studios, Disney Star.

Disney has always been at the forefront of localization and connecting with regional audiences for their animated heartwarming stories, right from Kajol’s association for Incredibles 2 to Priyanka Chopra and Parineeti Chopra for Frozen 2.

Celebrate the Man of the Hour with Bateel’s Bespoke Father’s Day Gifts

This Father’s Day, let Bateel guide you on the path to expressing your gratitude and love for the extraordinary man in your life, DAD. Bateel, renowned for its innovative elevation of the ancient date fruit into gourmet delicacies, offers a curated selection of gifts that embody indulgence, elegance, and timeless appreciation.

Green Wood Collection

Green Wood Collection

The Greenwood Collection is unique for dads who cherish the beauty of nature lavishly. This exclusive range combines natural aesthetics with elite quality.

Gulf Map Collection

Gulf Map Collection

Bateel’s Gulf Map Collection merges nostalgia and opulence. It features a lavish wooden box embellished with an ancient map of the Arabian Peninsula. This gift box is a homage to rich heritage and grandeur, making it an excellent keepsake for dads who value tradition and history.

Carbon Fibre Collection

Carbon Fibre Collection

Moreover, the Carbon Fibre Collection, with its stunning carbon fibre finish, is designed for fathers who love the intricacy and modern classiness.

Wanan Pistachio Date

Wanan Pistachio Date

Whereas the Wanan Pistachio Dates, exclusive to Bateel, exude classic Arabian pleasure with a premium pistachio filling.

With Bateel, discover the amazing gifts for every father, whether it’s the perfect Dad, the new Dad, a father figure, or a grandpa. Celebrate this Father’s Day with Bateel, where luxury meets heartfelt gestures, and make it a day to remember.

Toyota Kirloskar Motor Opens Its First Company Owned Toyota Used Car Outlet (TUCO) Facility in New Delhi

Toyota Kirloskar Motor

Bengaluru, 08 June 2024: Demonstrating its commitment to a customer-first philosophy, Toyota Kirloskar Motor (TKM) today inaugurated its First Company Owned Toyota Used Car Outlet (TUCO) in New Delhi, second in India, under the brand name of “Toyota U-Trust”. Aimed at offering customers high-quality and safe used cars, Toyota U-Trust offers convenience, transparency, and peace of mind during the process of buying as well as selling of Toyota cars. This new facility spans over a vast 15,000 square feet with a capacity to display over 20+ Toyota-certified vehicles.

As a retail touchpoint intended for both buying and selling of Toyota vehicles, all cars at TUCO go through a comprehensive 203-point inspection based on the global Toyota standards to determine the quality level after due diligence of documentation including service history check. The inspections also include rigorous safety, structural rigidity and performance checks. With the signature ‘MARU MARU’ signifying ‘high-quality precision cleaning’ exclusive to Toyota, TUCO business reinforces TKM’s commitment to fostering a transparent and reliable used car market for Toyota customers across India. Moreover, Toyota U-Trust outlets strive to replicate the ambiance and customer experience synonymous with purchasing a brand-new vehicle.

Buyers can choose from a wide variety of high-quality Toyota models, assured of complete transparency, hassle-free documentation and fair competitive pricing. The digitally integrated showroom enhances the customer experience by providing holistic vehicle history and valuation. Additionally, customers can evaluate their vehicles online through the Toyota U-Trust website by selecting the ‘evaluate your car’ option. Additionally, manifesting the true Toyota customer-centric approach towards after-sales service, TUCO-certified used cars are backed with a warranty of up to 30,000kms, OR 2 years and up to 3 free services, at any Toyota Service Centre nationwide.

For sellers, TUCO offers the best price in the market whilst ensuring a peaceful and hassle-free sales process.

Sharing details on the company’s growing focus on used car business, Mr. Takashi Takamiya, Vice President, of Toyota Kirloskar Motor said, “Used car business is a key pillar of Toyota’s overall business and growth strategy here in India which is also closely aligning with our vision of ‘Mobility for All’. Therefore, the expansion of TUCO with the inauguration of our first used car outlet in New Delhi exemplifies our dedication to quality, reliability, and customer satisfaction. Above all, this new outlet upholds the standards synonymous with Toyota products and our benchmark service experience.

With the Indian used car market projected to grow at a CAGR of 8% and currently being 1.3 times the size of the new car market, the sector holds significant growth potential. Our recent expansion of the Toyota Company Owned Outlet in Delhi and plans for more outlets across key cities underscore TKM’s strategy to create a seamless, transparent, and reliable used car market for our customers, emphasizing quality and safety-focused refurbishment.”

Present at the event, Mr. Atul Sood, Project Vice President, Toyota Kirloskar Motor said, “The opening of the New Delhi TUCO facility marks a significant milestone for Toyota Kirloskar Motor. We are thrilled to expand our footprint in the used car market, providing customers with a trustworthy and transparent experience to buy and sell their Toyota cars, with a roof solution for all value-added services.

Every pre-owned vehicle undergoes refurbishment by our own technicians using Toyota Genuine parts at our exclusive centres. A comprehensive 203-point inspection are conducted in accordance with global Toyota standards, ensuring superior quality and reliability. This commitment is also further reinforced by Toyota’s guarantee of hassle-free after-sales service support, ensuring a seamless and delightful ownership experience.”

Toyota Kirloskar Motor forayed into the used car business in 2022 with the inauguration of its first facility in Bangalore in 2022, which made TKM the first auto manufacturer in India to offer fully OEM (Original Equipment Manufacturer) refurbished used cars to customers. In addition,

Overview of TKM

Equity participation Toyota Motor Corporation (Japan) : 89%, Kirloskar Systems Limited (India) : 11%
Number of employees Approx. 6,000
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, and 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