Toyota Kirloskar Motor Private Limited is joint venture between Toyota Motor Corporation and the Kirloskar Group, for the manufacture and sales of Toyota cars in India.. It currently is the 5th largest car maker in India after Maruti Suzuki, Hyundai, Tata, Mahindra. The company Toyota Kirloskar Motor Private Limited according to its mission statement aims to play a major role in the development of the automotive industry and the creation of employment opportunities, not only through its dealer network, but also through ancillary industries with a business philosophy of "Putting Customer... First". Toyota Motor Corporation entered India in 1997 in a joint venture with the Kirloskar Group. TKMPL's current plant at Bidadi, Karnataka is spread across 432 acres and has a capacity of 80,000 vehicles per annum. TKMPL's second manufacturing plant on the outskirts of Bangalore, Karnataka has a capacity of 70,000 vehicles per annum. Both plants have a combined capacity of 150,000 vehicles per annum. On 16 March 2011, it announced that it was increasing production to 210,000 vehicles per annum due to increase in demand for its models especially the Etios and Fortuner.
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