Sabari Manohar, Vice President of Sales-Service-Used Car Business at TKM, said, "We are thrilled to announce another key milestone with our highest-ever sales performance for July 2024. Demand for all our models remains at an all-time high, especially in the SUV and MPV segments. Our formidable presence in these categories, with models like the Innova Crysta, Innova Hycross, Urban Cruiser Hyryder, Rumion, Taisor, Fortuner, Legender, Hilux, and the LC 300, offers robust choices to customers. In addition, our diverse lineup, including the Glanza, Camry Hybrid, and Vellfire, is strategically designed to cater to the evolving and varied needs of our customers, reflecting our commitment to delivering vehicles that align with their preferences and lifestyles."
"Our operational enhancement strategy, including the addition of a third shift, is supporting strong demand. For certain models, especially in the case of Urban Cruiser Hyryder, a streamlined supply situation has also led to a reduction in waiting periods. Moreover, there is an increasing understanding and appreciation for newer and greener technologies among customers. Our commitment to sustainability, safety, and advanced technology remains at the forefront of our efforts to meet and exceed customer expectations.," Manohar added.
In a significant corporate milestone, TKM has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to explore the possibility of establishing a Green Field Manufacturing Facility. This initiative aims to bolster the company's focus on advanced green technologies. Additionally, work on TKM’s third plant in Bidadi near Bengaluru, which was announced in 2023, is currently underway with an investment of INR 3,300 crores. This project is expected to be completed by 2026.
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