Toyota Kirloskar Motor Inaugurates its first Regional Stockyard in Northern India

#ToyotaKirloskarMotor #RegionalStockyard #GreenMobility

Source: Toyota Kirloskar Motor

“By being in close proximity to our patrons through the regional stockyard, we are not only able to reduce transit costs but also reduce CO2 emissions significantly in the process, through reduced logistics.” - V. Wiseline Sigamani, GM, TKM

December 2022: Toyota Kirloskar Motor (TKM) has recently announced the inauguration of its first regional stockyard at Faruknagar in Haryana. Ensuring a leaner and efficient distribution network across the region, the strategically located stockyard will reduce delivery time from the current 6-8 days to a maximum of two days for dealers in Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Uttaranchal and Jammu & Kashmir. This development by TKM will also benefit customers in the region who will now have speedier access to their favourite Toyota vehicles as a regional stockyard will ensure deliveries in the shortest possible time to dealers, considering proximity and availability to vast stock of all Toyota vehicles.

Attending the ceremony at the FICCI Federation House in New Delhi, Swaran Singh IAS (R), Chairman, Srinivasan Services Trust, said, “We are humbled to be recognised by FICCI for our endeavours against the pandemic. Covid-19 brought unprecedented challenges for the communities, especially in rural and semi-urban India, where the awareness and preparedness to tackle the situation were comparatively lower. Our teams, across the rural areas, worked tirelessly to provide essential services along with the local government. Over Rs. 85 crore has been contributed by TVS Motor Company towards Covid relief. Procurement and distribution of essential medical equipment and medicines, spraying of disinfectant in villages and cities, life-saving oxygen concentrators and High Flow Nasal Oxygen (HFNO) machines, lakhs of food packets and much more were provided to the rural hospitals and communities. SST provided assistance to 525 rural primary health centres and hospitals to ensure that far-flung rural communities have access to essential medical items on a priority. Apart from this, Rajiv Gandhi & Stanley Government Hospitals at Chennai were provided full support during the pandemic with the aim to save thousands of lives. This award is a testament to the dedication and efforts of teams across TVS Motor Company, our partners, and government.”The five-acre stockyard which has a parking capacity of 900 vehicles, is the second such for TKM, following the launch of its first regional stockyard in Guwahati in 2020. The regional stockyard in Guwahati has majorly benefitted the dealers and customers in the North-eastern region of India. Furthermore, the Faruknagar stockyard will aid in speed, flexibility, cost reductions and more importantly CO2 reduction for, as dispatches from the TKM plant to the stockyard will be maximised through trains journeys. Currently, 60 percent of total TKM dispatches take place through trains and our aim is to increase the same to 80 percent, while being able to deliver 5,000 vehicles per month.

Commenting on the inauguration, V. Wiseline Sigamani, General Manager, TKM, said, “We are elated to announce the inauguration of our first regional stockyard in Haryana. The Northern part of India is a very important market for us and the strategic location at Faruknagar, will further enable us to cater to the customer base in this market with ease, keeping our objective of customer-first approach. As a pioneer in green mobility solutions, Toyota is leading the way towards a better tomorrow and has always put an emphasis on environmentally sustainable solutions in everything we do, be it material sourcing, manufacturing, or sales & services. By being in close proximity to our patrons through the regional stockyard, we are not only able to reduce transit costs but also reduce CO2 emissions significantly in the process, through reduced logistics.”

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