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Toyota engine unit to start production soon

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<p>Japanese auto major Toyota would begin engine production from its manufacturing facility in Bangalore next month, according to a top company official. “It will commence next month,” Toyota Kirloskar Deputy Managing Director Shekar Viswanathan said when asked about their plans for the manufacturing facility. Toyota plans to manufacture about 100,000 engines and 240,000 transmission units from the facility.

Toyota Kirloskar is a JV between Toyota Motor Corporation, Japan, and Kirloskar Systems, Bangalore. Last year, Toyota Kirloskar had announced it would set up an engine plant and expand its transmissions unit to cater to its latest sedan Etios and hatchback Etios Liva, with a combined investment of Rs 500 crore.

On the exports of Etios and Liva, he said 1,500 units had been shipped to South Africa. “We have commenced exports to South Africa from Ennore Port (near Chennai),” he said. Viswanathan was here to participate in National Conference on Chennai and Bangalore Industrial Corridor (CBIC), organised by Assocham and the Madras Chamber of Commerce and Industry.

Recalling the Automotive Mission plan announced in 2006 needs to be “enmeshed” with the CBIC, he said there was a need to increase connectivity with ports. “India is becoming the base for export of small cars and that is something we must foster. What I would like to emphasise is this plan needs to be enmeshed with the various corridors being proposed. We do need excellent Port access for our exports,” he said.

He noted, when they commenced exports to South Africa, they were engaged in “lot of work” to provide infrastructure surrounding Ennore Port.

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Jaguar launches XKR special edition at Rs 1.27 cr

Tata Motors-owned Jaguar today said it has launched the XKR special edition luxury sedan in India, priced at Rs 1.27 crore (ex-showroom, Delhi).

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