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
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 |