The Hindu Business Line : Toyota working out modalities for small car

TRAINING INITIATIVE: Mr Santosh Mohan Dev (3rd from left), Minister for Heavy Industries and Public Enterprises, with (from right) Mr Vikram Kirloskar, Vice-Chairman, Toyota Kirloskar Motor; Mr Y. Enoki, Japanese Ambassador; Mr Y. Inaba, Executive Vice-President, Toyota Motor Corporation, Japan, and Mr A. Toyoshima, MD, Toyota Kirloskar Motor, at the launch of the Toyota Technical Education Programme, in the Capital on Wednesday. — Ramesh Sharma

New Delhi , Aug. 23

Toyota Motor Corporation on Wednesday said it would definitely be rolling out a small car in India, but was working out "how" and "when" to do so.

``Of all the emerging markets we are targeting, India is becoming a priority. We would like to achieve a 10 per cent market share by 2010, and it is very natural to look at making a small car here, as we want to go where the market is going,'' the Toyota Motor Corporation Executive Vice-President, Mr Yoshimi Inaba, said while launching the Toyota-Technical Education Programme (T-TEP) here.

``Sooner than later we will be able to announce plans for India,'' he said.

Toyota Kirloskar Motor's apprentice-training initiative — T-TEP — in association with Toyota Motor Corporation and its nationwide dealer network, is being rolled out at an investment of Rs 25 crore.

Toyota will partner with 20 industrial training institutes in India till the year 2009 and will train over 1,000 students every year.

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