From- http://www.ibef.org/artdisplay.aspx?cat_id=188&art_id=6832
Established in 1997 as a joint venture between the Kirloskar Group and the Toyota Motor Corporation (TMC), Toyota Kirloskar Motor Private Limited (TKM) has grown rapidly to emerge as a significant player in India’s passenger car and MUV market segments. Toyota has set up Toyota Kirloskar Auto Parts Limited, to produce transmission components (gear boxes) for its global operations. With a turnover of US $ 587.5 million last year, the company employs 2,300 people in India. It has brought in US$ 152 million in equity, and has invested another US$ 40 million from internal accruals.
Established in 1997 as a joint venture between the Kirloskar Group and the Toyota Motor Corporation (TMC), Toyota Kirloskar Motor Private Limited (TKM) has grown rapidly to emerge as a significant player in India’s passenger car and MUV market segments. Toyota has set up Toyota Kirloskar Auto Parts Limited, to produce transmission components (gear boxes) for its global operations. With a turnover of US $ 587.5 million last year, the company employs 2,300 people in India. It has brought in US$ 152 million in equity, and has invested another US$ 40 million from internal accruals.