Toyotetsu India Pvt Ltd is set to establish its fourth manufacturing plant in Bidadi, near Bengaluru, to cater to the rising demand for Innova Hycross and support Toyota Kirloskar Motor Limited. Additionally, Aoyama Seisakusho Co. plans to invest Rs 210 crore in a new automotive fasteners production facility at Vasanthanarasapura.
On August 17, Karnataka’s Single Window Clearance Committee (SLSWCC) approved 20 projects with a combined investment of Rs 2,280.52 crore, expected to generate 3,457 jobs. The meeting, chaired by Karnataka’s Minister for Large and Medium Industries and Infrastructure, MB Patil, saw the green light given to significant projects, including Toyotetsu India Auto Parts Pvt Ltd and ILV South Warehousing Parks Private Limited, with planned investments of Rs 450 crore and Rs 423 crore, respectively.
Patil also approved six large and medium-sized projects with a total investment exceeding Rs 50 crore, amounting to Rs 2,025.71 crore, and expected to create approximately 2,440 jobs. Furthermore, 13 new projects with investments between Rs 15 crore and Rs 50 crore, totaling Rs 214.81 crore, were approved, projected to create employment for about 1,017 people. An additional project with an investment of Rs 40 crore also received approval.
Toyotetsu India Pvt. Ltd. (TTI), a subsidiary of Toyoda Iron Works Co. Ltd., is a key player in the automotive parts manufacturing sector in India. Established in 1998, TTI specializes in producing high-quality automotive components, including chassis parts, pressed components, and welded assemblies for major automobile manufacturers.
The company operates from its state-of-the-art manufacturing facility in Bangalore, Karnataka, where it employs advanced technology and stringent quality control measures to ensure that its products meet global standards. TTI’s commitment to innovation, efficiency, and sustainability has positioned it as a trusted supplier within the competitive Indian automotive industry.
