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We continue to remain committed to India operations: Toyota Kirloskar Motor

The statement follows a Bloomberg report which said that Toyota did not plan to expand further in India

Toyota
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With less than 3 per cent share in India’s passenger vehicle market, TKM like most other auto firms has been hit hard by the Covid-19 pandemic.

Shally Seth Mohile Mumbai
Toyota Kirloskar Motor remains committed to its India operations even as it continues to request the government for a viable tax structure, in the wake of the coronavirus (Covid-19) pandemic, the company said in a statement on Tuesday. “We would like to state that we continue to be committed to the Indian market and our operations in the country are an integral part of our global strategy,” it said.

The statement follows a Bloomberg report which said that Toyota did not plan to expand further in India. The company had cited high taxes as the reason for the same.

“The message we

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