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Toyota Introduces Key Management Changes to Boost Business Expansion in India

Bengaluru, January 5, 2024 – In a significant move to bolster its business expansion in India, Toyota Kirloskar Motor (TKM) has announced a series of senior management changes, effective from January 1, 2024. These changes align with TKM’s strategy to enhance operational efficiency, flexibility, and future readiness, thereby strengthening its footprint in the Indian market.

The newly implemented organizational restructuring sees B. Padmanabha elevated to the role of Executive Vice President of the Manufacturing Function. In this capacity, he will be responsible for supervising production and associated activities at TKM’s two manufacturing plants. This move underscores the company’s commitment to optimizing its manufacturing processes in India.

In another key appointment, G. Shankara, formerly the Senior Vice President and Chief Human Resource Officer, has been promoted to Executive Vice President for Finance and Administration. His expanded role now encompasses overseeing a broad spectrum of functions including Human Resources, financial planning, and operational strategies. This shift aims to integrate financial and administrative operations more closely with the company’s overarching strategic goals.

Continuing in his pivotal role, Vikram Gulati will maintain his position as Country Head and Executive Vice President for Corporate Affairs and Governance. Gulati’s responsibilities will include managing policy-related matters in alignment with national objectives, overseeing External Communication including Public Relations, and steering Corporate Governance.

Additionally, Yoshinori Noritake has been appointed as the Executive Vice President for Technical and Purchase and Chief Technical Officer. His role will be critical in managing all technical aspects and procurement operations, ensuring that TKM stays at the forefront of technological advancements and supply chain efficiency.

These strategic elevations within TKM’s leadership are part of a broader initiative to create long-term synergies between the company’s corporate objectives and its business growth plans in India. By focusing on operational efficiencies and aligning its senior management roles with these goals, TKM is poised to further strengthen its operations and market presence in the country.

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