Manasi Tata Named As New Vice Chairperson Of Toyota Kirloskar Motor

Manasi Tata, the daughter of Vikram Kirloskar, has been named the new vice chairperson of Toyota Kirloskar Motor (TKM), the company stated today. She will also take over as Toyota Kirloskar Auto Parts' vice chair (TKAP).

The company's board of directors approved the resolution relating to Tata's nomination. On November 29, Kirloskar, the former vice chairman of TKM, passed away due to cardiac arrest. He was 64.

Tata already held a position on the TKM Board of Directors. She plays a crucial role in the strategic operations and corporate choices of the company, according to a formal statement from TKM.

Manasi Tata stated on being appointed as vice chairperson, I'm excited. With my own philosophy of putting people first, I am convinced that we will continue to produce the best value for customers as well as for the entire system, including suppliers and dealers.

Masakazu Yoshimura, MD & CEO of TKM, congratulated Tata on her promotion and stated that Manasi Tata, a young business leader, contributes inclusive thinking and a people-centric perspective that are essential in our quest for excellence in all sectors. This would reinforce TKM's dedication to bringing "mass enjoyment to all," combined with her keen understanding of the Indian car business.

Domestic wholesale volumes for TKM were 160,357 units in 2022, up 22.63 per cent from the 130,768 units sold in 2021. In the previous ten years, the company's sales in 2022 were at their peak. The best-ever domestic wholesale volumes for TKM were 172,241 units in 2012.