Toyota Kirloskar Motor opens its first regional stockyard in Northern India
New stockyard at Faruknagar in Haryana will reduce delivery time from 6-8 days to a maximum of two days for dealers in Punjab, Haryana, Rajasthan, UP, Himachal Pradesh, Uttaranchal and Jammu & Kashmir.
Toyota Kirloskar Motor (TKM) today inaugurated its first regional stockyard at Faruknagar in Haryana. The facility is aimed at driving a leaner and efficient distribution network across North India. The strategically located stockyard will reduce delivery time from the current 6-8 days to a maximum of two days for TKM dealers in Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Uttaranchal and Jammu & Kashmir.
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 October 2020. According to the company, the regional stockyard in Guwahati has hugely benefitted dealers and customers in the north-eastern region of India.
The Faruknagar stockyard will aid in speed, flexibility, cost reductions and more importantly CO2 reduction since despatches from the TKM plant to the stockyard will be maximised through trains journeys. Currently, 60% of total TKM dispatches take place through trains – the company’s aim to increase the same to 80%, while being able to deliver 5,000 vehicles per month.
V Wiseline Sigamani, General Manager, TKM, said, “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. 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”.
Over the past two years, Toyota has opened 22 new customer touch-points, including sales and service, in North India.
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