- Toyota Kirloskar Auto Parts (TKAP) receives PLI certificate for xEV Transaxle under AAT scheme.
- Certification by ARAI validates TKAP’s advanced automotive technology.
- TKAP’s facility supports local and international supply of e-Drive components.
- Localization efforts extend to plant and machinery for enhanced production.
- MD emphasizes India’s role as a competitive hub for advanced vehicle manufacturing.
- Localization of EV parts crucial for rapid electrification and global competitiveness.
- Toyota Group’s substantial investments signify commitment to India’s automotive sector.
Toyota Kirloskar Auto Parts Introduction :
Toyota Kirloskar Auto Parts (TKAP), a Toyota Group subsidiary, has received the Domestic Value Addition (DVA) Certificate for xEV Transaxle (e-Drive) under the Production Linked Incentive (PLI) Scheme for Advanced Automotive Technology (AAT) goods. This milestone allows TKAP to benefit from the Scheme’s incentives while also contributing to the localization and progress of electrified vehicle components in India.
Localised Production and Certification :
The Automotive Research Association of India (ARAI) certified TKAP’s xEV Transaxle after it successfully satisfied the severe testing standards of modern automotive technology. TKAP, founded in 2002, specialises in the production and distribution of vehicle rear axles, propeller shafts and gearbox units, cementing its place as a vital player in the Toyota group.
Expansion and Electricity Hub :
In 2022, TKAP opened an advanced production plant specialised to producing xEV Transaxles for Toyota Kirloskar Motor’s domestic consumption and sale to Japan and other Asian markets. This factory, the fourth of its sort outside Japan, has an annual installed capacity of 135,000 units. The xEV Transaxle is a vital component of a variety of electrified vehicle technologies, including SHEV, PHEV, BEV, FCEV, and FFV-SHEV, establishing India as Toyota Asia’s electrification hub.
Localization efforts :
In addition to localising electrified parts/components, TKAP has successfully localised its plant and machinery needed to manufacture these components. This localization initiative demonstrates TKAP’s commitment to strengthening India’s capabilities in advanced automotive technology production.
Stakeholder perspectives :
K N Prasad, Managing Director of Toyota Kirloskar Auto Parts, emphasised the joint efforts of the Indian auto sector and government backing, particularly through programmes such as PLI. He emphasised India’s efforts towards becoming a key manufacturing hub for sophisticated, clean, and efficient automobiles, with a focus on reaching competitive pricing in the future.
Driving rapid electrification :
Rapid electrification requires the localization and production of EV parts in India on a global scale and with high quality. The Ministry of Heavy Industries, Government of India’s local value addition criteria boosts the competitiveness of locally manufactured Advanced Automotive Technology goods, promoting industry growth and innovation.
Investment and commitment :
The Toyota Group, which includes Toyota Kirloskar Motor, Toyota Kirloskar Auto Parts, and Toyota Industries Engine India, has spent over Rs 16,000 crore until December 2023, demonstrating a firm commitment to India’s automotive industry and its transition to sustainable transportation.
Conclusion :
Toyota Kirloskar Auto Parts’ PLI certification for e-Drive technology demonstrates its critical role in developing India’s automotive environment. With an emphasis on localization, innovation, and collaboration, TKAP is well-positioned to drive the electrification revolution while strengthening India’s position as a global manufacturing powerhouse for sophisticated automotive technologies.