Toyota Kirloskar Motors will make its foray into the healthcare space with its first hospital in Karnataka. The first hospital is expected to start in May next year, in partnership with a Japanese company, Mr Vikram Kirloskar, Vice-Chairman, Toyota Kirloskar Motor, said at the Global Investors Meet 2012 today.

Meanwhile, Kirloskar will continue its investment in the auto and auto component sectors. The company expects to roll out about 3,00,000 cars next year, Mr Kirloskar said.

The company is interested in Karnataka as "policies have been consistent here, despite change of leadership parties," Mr Kirloskar said, adding that incentives that were agreed upon when the first investment was made continues, and the incentives have neither been changed nor withdrawn.

(This article was published on June 7, 2012)
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