- Toyota Kirloskar Motor
- Manasi Tata
- Toyota Motor Corporation
- Masakazu Yoshimura
- Maharashtra
- Swapnesh Maru
- Ajit Pawar
- Devendra Fadnavis
- Eknath Shinde
- Dr. Harshadeep Kamble
- Sudeep Santram Dalvi
Toyota Kirloskar Motor Inks Mou With Maharashtra Government For New Greenfield Facility
- By MT Bureau
- July 31, 2024

Toyota Kirloskar Motor is looking to expand its manufacturing footprint in India, with a new facility in Maharashtra. The automaker has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, to examine the setting-up of a green field manufacturing facility at Chhatrapati Sambhaji Nagar (formerly Aurangabad) over a multi-year investment.
The new facility the company believes will enhance its ability to meet business and logistics requirements more efficiently and serve wider markets within India and exports.
Masakazu Yoshimura, MD and CEO, Toyota Kirloskar Motor and Regional CEO at Toyota Motor Corporation (TMC) said, “Toyota Motor Corporation believes that India is well positioned to become a global manufacturing hub for cleaner and greener mobility solutions. This belief was reinforced with the recent regional restructuring which elevated India to play central role by being integrated into the Middle East, East Asia & Oceania Region and acting as the hub of the new ‘India, Middle East, East Asia & Oceania Region’. Today’s MoU signing marks a pivotal point as we stride into the next phase of growth in the country enabling us to contribute to enriching lives with qualitative mobility solutions locally and globally.”
Manasi Tata, Vice-Chairperson, Toyota Kirloskar Motor said “For us at the company, the last 25 years of operational excellence from our Bidadi Plant has created the foundation for future direction of Toyota in India. Our strategic focus on ‘Make in India’ and ‘Skill India’ will enable us to implement sustainable, long-term growth strategy which will enable us to offer cleaner greener mobility solutions to our customers and act as a catalyst towards Government’s roadmap of ‘Viksit Bharat 2047’.”
Swapnesh Maru, Deputy MD, Toyota Kirloskar Motor said “The State of Karnataka has helped us to firmly establish ourselves as a tested base for manufacturing excellence. Proposal for the Green Field Manufacturing Facility at Chhatrapati Sambhaji Nagar continues our commitment to advancing sustainable mobility in India. This will act as a tipping point to unlock the potential of Marathwada region, unleashing its entrepreneurial capabilities and providing new age skills to its youth so as to bring Marathwada as a key contributor to Maharashtra’s growth.”
At present, Toyota Kirloskar Motor already operate two state-of-the-art manufacturing units located at Bidadi, Karnataka. The company along with its group companies has already invested more than INR 160 billion and created close to 86,000 jobs in the entire value chain (including supplier and dealer partners). Toyota’s cumulative export contributions also stand at around INR 320 billion.
The Memorandum of Understanding with the Government of Maharashtra was exchanged today by Dr. Harshadeep Kamble (IAS), Principal Secretary (Industries), Government of Maharashtra and Sudeep Santram Dalvi, Director & Chief Communications Officer, Toyota Kirloskar Motor in the august presence of Eknath Shinde, Chief Minister of Maharashtra; Devendra Fadnavis, Deputy Chief Minister of Maharashtra; Ajit Pawar, Deputy Chief Minister of Maharashtra and other key dignitaries. Also present at the event from Toyota Kirloskar Motor were Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor and Regional CEO at Toyota Motor Corporation (TMC); Manasi Tata, Vice-Chairperson Toyota Kirloskar Motor and Swapnesh R. Maru, Deputy Managing Director Toyota Kirloskar Motor.
It is also important to note that in 2023, Toyota Kirloskar Motor announced fresh investments of about INR 33 billion for a new third plant in Bidadi facility. This expansion, aimed at contributing to Make-in-India, increases TKM’s production capacity by 100,000 units, annually thus further adding to the growth of local ecosystem of suppliers and job creation of over 2,000 direct employment in Karnataka. With this third plant expansion going mainstream in 2026, the company’s annual production capacity at Bidadi is expected to be augmented to 442,000 annually.
Prior to this in the year 2022, Toyota Group of companies that constitutes of Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts (TKAP) had signed and announced their Memorandum of Understanding (MOU) with the Government of Karnataka to invest INR 41 billion aimed at making deeper cuts in CO2 emissions and enhance electrification and fast pace shift towards greener technologies.
Kia India Appoints New Sales and Business Chiefs In Leadership Reshuffle
- By MT Bureau
- October 03, 2025

Kia India has announced a significant change to its leadership team, naming Sunhack Park as Chief Sales Officer (CSO) and Joonsu Cho as Chief Business Officer (CBO).
As the new CSO, Park will head Kia India’s sales strategy, focusing on sustainable growth, improving operational efficiency and expanding the brand’s market reach. He brings over 28 years of international automotive experience, having held key leadership positions at Kia Headquarters in South Korea, the Middle East & Africa (MEA) and India.
Cho, in his role as CBO, will be responsible for crafting business strategies, overseeing production planning and export logistics, leading cross-functional teams and forging strategic alliances to ensure operational excellence. He has over 32 years of leadership experience from global roles in Australia, the UK and Europe.
Sunhack Park, said, “I am privileged to take on the role as Chief Sales Officer. This is an exciting phase for the brand as we continue to expand our presence in a dynamic and evolving market. My focus will be on driving sales growth, optimizing operational efficiency, and strengthening our dealer and partner ecosystem.”
Joonsu Cho, said, “I am honored to assume the role of Chief Business Officer. Kia India has made remarkable strides in the market, and my priority will be to develop and execute robust business strategies that support sustainable growth and operational excellence.”
- RattanIndia Enterprises
- Revolt Motors
- Raghava Rao
- TI Clean Mobility
- Montra Electric
- Bajaj Auto
- Tata Motors
- Piaggio Vehicles
- Kinetic Engeering
- Anjali Rattan
Revolt Motors Appoints Raghava Rao As New Chief Business Officer
- By MT Bureau
- October 03, 2025

RattanIndia Enterprises-owned Revolt Motors, a leading electric motorcycle brand, is strengthening its leadership team and has appointed Raghava Rao as its new Chief Business Officer (CBO).
Rao, a seasoned industry leader, comes with over two decades of diverse experience across the automotive sector, spanning two-wheelers, tractors, three-wheelers and commercial vehicles.
Prior to joining Revolt Motors, he has held senior leadership positions at Kinetic Engineering, Bajaj Auto, Tata Motors, Piaggio Vehicles and TI Clean Mobility (Montra Electric).
Roy Kurian Joins Revolt Motors As President
Rao has expertise in channel sales, customer support, customer experience and market insights, with a proven track record of driving business growth and customer success.
Anjali Rattan, Chairperson, RattanIndia Enterprises, said, “We are delighted to welcome Raghava Rao to the Revolt family. His deep expertise in the automotive industry and proven leadership across multiple business functions will play a crucial role in accelerating our growth journey and further strengthening Revolt’s position as India’s No.1 electric motorcycle brand.”
Rao is an alumnus of the Indian School of Business (General Management Program), holds a B.Tech degree from BITS Pilani, and a PGCSM from XLRI Jamshedpur.
Mahindra Launches New Thar SUV At Prices Starting INR 999,000
- By MT Bureau
- October 03, 2025

Mumbai-headquartered SUV major Mahindra & Mahindra has launched the new Thar with prices starting at INR 999,000. The vehicle incorporates design changes, comfort features and technology integration, engineered for urban travel and weekend adventures.
The popular SUV has gone home to over 300,000 customers, now features a new exterior, which includes a front grille, a dual-tone front bumper and R18 alloy wheels. The interior includes a black theme dashboard and a new steering wheel. It is available in six colour options, including two new additions: Tango Red and Battleship Grey.
For comfort and convenience, the Thar features rear AC vents for second-row passengers, a sliding armrest and a dead pedal (automatic transmission models). Door-mounted power windows, a rear-view camera and an internally operated fuel lid are included. The vehicle also has a rear wash & wiper and an A-Pillar entry assist handle.
The Thar is equipped with a 26.03 cm HD infotainment screen that supports Android Auto and Apple CarPlay. Other tech includes Type-C USB ports and Adventure Stats Gen II, which provides off-road data such as a racing tab, altimeter, outside temperature and pressure, trip meter and steering direction.
Mahindra offers a range of engine options paired with transmissions – a 6-speed manual or a 6-speed torque converter automatic – in RWD as well as 4X4 configurations.
Nalinikanth Gollagunta, CEO - Automotive Division, Mahindra & Mahindra, said, “Over the years, Thar has become more than just an SUV – it’s a symbol of freedom, adventure, and a lifestyle that resonates deeply with our customers. At Mahindra, we are committed to listening to our customers and evolving with their needs, which is why the New Thar reflects both their feedback and our dedication to provide the best to our customers. By blending new design elements, smart technology, enhanced comfort and convenience features, the new Thar offers an unparalleled driving experience that empowers our customers to explore limitless possibilities in both urban and off-road settings.”
Citroen Launches New Aircross X SUV At INR 829,000
- By MT Bureau
- October 03, 2025

Stellantis-owned Citroen India has launched the new Aircross X SUV, the latest addition to its premium X-Series portfolio, with an introductory price starting at INR 829,000. The launch, the company said, is a key step in the brand’s Citroen 2.0 ‘Shift Into the New’ strategy, positioning the SUV as a feature-rich, spacious option for Indian customers.
The new Aircross X elevates its segment with significant interior and technology upgrades. The cabin features an enriched design with a leatherette-wrapped instrument panel, chic gold accents and a bezel-less 10.25-inch infotainment screen paired with a 7-inch digital cluster. Comfort is enhanced with ventilated leatherette seats, diffused ambient lighting and the brand’s signature Advanced Comfort Suspension.
A standout feature is the introduction of CARA, billed as India’s first multilingual, intuitive in-car companion. CARA can communicate in 52 languages, control essential vehicle functions and prioritise safety with voice SOS and crash alerts. Driving convenience is further improved with Proxi-Sense Passive Entry, Cruise Control and a HALO 360deg Camera with Satellite View.
Emphasising the model’s safety credentials, the launch follows the recent 5-star Adult protection rating awarded to the Aircross 5S variant in the Bharat New Car Assessment Program (BNCAP).
The New Aircross X is available in 5- and 7-seater configurations with options for both ICE and CNG engines. Bookings are now open across all Citroen dealerships and online.
Kumar Priyesh, Business Head & Director – Automotive Brands, Stellantis India, said, “The new Aircross X is an SUV designed around the real needs of Indian families – space, comfort, safety and smart innovation. With the debut of CARA, we’re making everyday mobility more intuitive and personal. What makes the New Aircross X unique is that it blends the practicality of a family SUV with the premium feel of our X-Series design. It is a versatile SUV that’s aspirational, yet accessible.”
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