Japanese automaker Toyota Motor Corporation on Dec 1 announced a regional restructuring that will include India in the Middle East, East Asia and Oceania. Manage and assign a country to become the center of a new country. As part of this development, Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor (TKM), the company and joint venture in India with the Kirloskar Group, will become the joint regional CEO of Toyota Motor Corporation (TMC). he said in a statement.
Currently being a part of the Asian region, the Indian market has been very successful. Due to these changes, India will play a larger role by integrating into the Middle East, East Asia and Oceania region and acting as a hub for the new India, Middle East, East Asia and Oceania region. and India, Middle East, East Asia and Oceania region. From January 1, 2024, and" said
TMC added, "Reflecting India's growing importance in Toyota's global business environment, the latest restructuring reflects the growing market supported by motivated and knowledgeable staff."
Yoshimura and TMC said they have nearly 30 years of engineering experience, spanning various fields such as product planning, pricing, sales and marketing, working in Japan, China and South Africa.