Toyota Kirloskar Motor (TKM), the Indian arm of the Japanese auto giant Toyota, would want to use such technologies that align with its commitment to reducing carbon footprint as well as cutting down on the use of fossil fuels, Deputy Managing Director Swapnesh Maru said, while adding that they are cognizant of India’s energy scarcity and security situation.
The TKM veteran, in a chat with ET, said his company had been adopting technologies that help cut down on emission. The company always pursued pathways that led to the best results, and adoption of a single technology would not achieve that, he said.
“In a country as diverse as India, there is no one single best technology to achieve our objectives,” the Dy MD said, adding that they would continue to work on a multi-pronged approach for the Indian market. Hybrid vehicles and blended fuels came close to meeting these goals. “Today, energy scarcity and security are one of the biggest challenges. Any technology that will bring down carbon footprint or use of fossil fuel would be our priority.”
TKM, which has had a successful ride in the Indian automobile market for 25 years, is preparing for its next leg of journey with a blistering pace of expansion in Karnataka and Maharashtra. The Japanese automaker, which landed in Bengaluru in 1997 in partnership with the late Vikram Kirloskar and introduced its first product Qualis three years later, is setting up its third plant at Bidadi on Bengaluru’s outskirts at an investment of Rs 3300 crore.
The company, which has