Posted on April 01 2025

Bangalore, 01st April 2025: Toyota Kirloskar Motor (TKM) today announced its highest-ever sales in a financial year, marking a key milestone in the company’s growth journey in India. For FY24-25, TKM sold 3,37,148 units, recording a double-digit growth of 28% compared to 2,63,512 units sold in FY23-24. This achievement reaffirms the success of TKM’s long-term vision, built on a customer-first philosophy and a versatile product lineup.

The company also reported strong sales in March 2025, with 30,043 units sold, registering a growth of 11% over the same period last year when 27,180 units were sold. Of the total sales in March 2025, domestic sales accounted for 28,373 units, while exports contributed 1,670 units—further highlighting comprehensive growth across segments.

Behind the Milestone: Key Drivers of TKM’s Success in FY24-25

  • SUV and MPV sales jumped by 35% reflecting strong demand for models tailored to Indian driving preferences.
  • Export growth surged by 59% affirming India’s growing stature as a strategic manufacturing and export base for Toyota globally
  • Stronger presence in Tier II & III cities, enhancing accessibility and getting closer to customers
  • Customer experience was further elevated through holistic ownership solutions such as T CARE and T GLOSS and the expansion of the Toyota Mobility Solutions and Services in the space of pre-owned car
  • A refreshed, dynamic product mix — including the Urban Cruiser Taisor, Camry Hybrid, and exclusive editions across the portfolio — continued to capture evolving customer expectations
  • Milestone models like the Urban Cruiser Hyryder and Innova Hycross crossed significant sales benchmarks, reinforcing trust in Toyota’s core product values
  • Recent launches of The LC 300 and new Camry Hybrid continues to win hearts and add to the growing sales numbers

Commenting on the strong performance, Varinder Wadhwa, Vice President, Sales-Service-Used Car Business & Profit Enhancement said, “The growth has been fuelled by the strong and consistent adoption of SUVs MPVs and hybrids, further reinforced by robust export momentum and deeper engagement in Tier II and III cities—highlighting the increasing relevance of our diverse product portfolio.

Our multi-pathway approach, complemented by customer-centric initiatives like T-CARE has empowered us to deliver meaningful value at every stage of the ownership journey. This, in turn, has created strong opportunities for us while establishing a solid foundation for the coming year, even amid intensifying competition and rising consumer expectations.”

Sales Performance:

Timeframe

April ‘24 - March ‘25

April ’23 – March ‘24

Growth

FY

3,37,148 units

2,63,512 units

28%

Timeframe

March 2025

March 2024

Growth

Y-o-Y

30,043 units

27,180 units

11%

Overview of TKM

Equity participation

Toyota Motor Corporation (Japan): 89%, Kirloskar Systems Limited (India) : 11%

Number of employees

Over 6,500

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

For Any Further Queries, Please Contact:

Toyota Kirloskar Motor Pvt. Ltd. Current Global
Kaveri Mandanna
Email : kaveriamma_mm@toyota-kirloskar.co.in
Shakuntala Datta
Mobile : +91 9845611219
Email : SDatta@webershandwick.com