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
. The company Toyota Kirloskar Motor Private Limited (TKMPL) 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".
On June 7, 2012, Vice Chairman of the company revealed that the company is planning to enter the healthcare sector and its first hospital is coming up in Karnataka in May 2013.
10th Generation Toyota Land Cruiser
TKMPL's current plant at Bidadi
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
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
With effect from June 01, 2012, Toyota Kirloskar Motor will be increasing the prices of Etios diesel and Innova by 1 per cent and Fortuner and Etios Liva diesel by 0.5 per cent. The price hike is on account of the weakening of Rupee.
Toyota announced that Etios sedan and the Liva hatchback has posted sales of over one lakh units, hence Toyota is all set for giving its production a big boost.Toyota Kirloskar Motor (TKM) plans to hike the production capacity of its Etios series models by 75% by early 2013. 
Toyota Kirloskar Motors would launch its motor racing series in 3 cities in India next year.
4th Generation Toyota Prius