1^st April 2021, Bangalore: Toyota Kirloskar Motor today announced that the company sold a total of 15,001 units in the month of March 2021, thereby clocking a year on year growth of 114% in domestic sales, when compared to the corresponding period last year. In March 2020 just before the nation-wide lockdown was announced, the company had registered sales of 7023 units across the country. For reference, TKM had sold 14,075 units in the month of February 2021.

Commenting on the month’s performance, Mr. Naveen Soni, Sr. Vice President at TKM said, “We have been able to sustain the growth momentum as we closed the last quarter registering a 73% growth in domestic sales, when compared to the sales in the corresponding period last year (Jan- Mar 2020). In fact, last month witnessed the highest ever domestic sales in the month of March since 2013, helping us clock 114% growth over wholesales compared to March 2020. Our sales performance in the last quarter proved to be better than the sales in the festive season of the third quarter (Oct- Dec 2021), clocking a growth of 42%.

The demand for personal mobility still continues to grow as we witness a surge in both enquiries and customer orders thereby registering a 7% growth in domestic sales in March 2021 when compared to the sales in February 2021. This reiterates the popularity of the brand amidst our customers which has been further enhanced by the two new recent launches of the new Innova Crysta and the New Fortuner, as well as the Legender. Here, we only have our customers to thank for their trust & faith in the brand”, he concluded.

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Overview of TKM:

Company name	Toyota Kirloskar Motor Private Limited
Equity participation	TMC: 89%, Kirloskar Systems Limited (Mr. Vikram S. Kirloskar): 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 3,10,000 units

Overview of TKM 1^st Plant:

Established	October 1997 (start of production: December 1999)
Location	Bidadi
Products	Innova, Fortuner manufactured in India. Vellfire imported as CBU
Installed Production capacity	Up to 1,00,000 units

Overview of TKM 2^nd Plant:

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