Toyota Kirloskar expects utilisation at its local plants to peak by end of 2024
Toyota Kirloskar Motor (TKM) plans to consider setting up another unit once it reaches optimal capacity utilisation by 2024, said Vikram Gulati, country head and executive vice president at the car manufacturer. TKM is expecting the second consecutive year of record production, fueled by robust demand for its newly launched vehicles and buoyancy in the passenger vehicle market.
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