Toyota Kirloskar Auto Parts qualifies for incentive under PLI scheme

TKAP’s product has also met the Testing criteria of Advanced Automotive Technology, and it is certified by the Automotive Research Association of India (ARAI).

Aligned with “Aatmanirbhar Bharat” and in resonance with Toyota Group’s commitment towards “mass electrification”, TKAP in 2022 set up an advanced manufacturing facility to produce xEV Transaxle (e-Drive) for domestic supply to Toyota Kirloskar Motor and export to Japan and other Asian countries, in a step towards making India Toyota Asia’s Electrification Hub. The new facility, fourth outside Japan, has an annual installed capacity of 135,000 units making it the best-case point of India’s emergence as a global manufacturing hub for EV parts. The product is a core component in all Electrified Vehicle technologies (xEVs) including Strong Hybrid Electric Vehicle (SHEV), Plus-in Hybrid Electric Vehicle(PHEV), Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Flex Fuel Strong Hybrid Electric Vehicle (FFV-SHEV).

Furthermore, apart from the localisation of the electrified parts/components, TKAP has also been successful in localising its plant and machineries that are being used to produce these local parts/components to a large extent.