Section 3. Expansion of Asian Markets and Developments in Oceania
Item 2. Expansion of Production Sites
- Thailand becomes a key player
- Indonesia begins exports within and outside ASEAN
- Vios and Innova production started in the Philippines
- TABM established in Malaysia
- Kuozui Motors expands in Taiwan
- Annual production in India increased to 310,000 units
- IMC established in Pakistan
- Production sites consolidated in Australia
Annual production in India increased to 310,000 units
In India, TKM, in addition to producing the Qualis at its plant in Bangalore, began Corolla production in 2002 and Innova production in 2005. Production of a third series, the Fortuner, began in 2009.
Toyota Kirloskar Auto Parts Private Ltd. (TKAP) was established in 2002 as a joint venture parts manufacturer, and TKAP began producing and exporting IMV transmissions in 2004.
To reinforce business in India, which was undergoing astonishing economic growth, TKM announced in 2008 the construction of a second plant in accordance with the EFC project. A groundbreaking ceremony was held in July of that year, and production of the Etios, a compact sedan developed for the domestic Indian market, began in December 2010. As a result, TKM's total production capacity including its No. 1 Plant (80,000 units) increased to 150,000 units annually.
In June 2011, TKM's No. 2 Plant began producing the Etios Liva, a hatchback version of the Etios, and the vehicle was introduced to the market. In July that year, a decision was made to substantially increase production capacity to 100,000 units at the No. 1 Plant and 210,000 units at the No. 2 plant for a total capacity of 310,000 units annually in 2013.
- Thailand becomes a key player
- Indonesia begins exports within and outside ASEAN
- Vios and Innova production started in the Philippines
- TABM established in Malaysia
- Kuozui Motors expands in Taiwan
- Annual production in India increased to 310,000 units
- IMC established in Pakistan
- Production sites consolidated in Australia