Toyota sets up new company in India

News Story
- 23 Dec 2010 ( #494 ) - Tokyo, Japan
1 min read
Toyota Industries Corp (TICO) has established a forklift sales company in India, Toyota Material Handling India (TMHI).

TMHI, a wholly owned subsidiary of Tokyo-based TICO, will sell materials handling equipment in India through its sales and service network, International Business Times reported.

TMHI managing director Toshiro Ishihara says the materials handling equipment market is growing in India. "We want to tap the opportunity. Toyota has a good brand in the automobile sector in [India] and we hope to achieve a good reputation in this segment also."

TMHI will start operations in May 2011 with sales and service branches in seven cities. The company is expected to increase the number of branches to 20 by the end of 2011. It plans to invest INR200 million (USD4.4 million) in equipment sales and service.

Separately, Toyota Material Handling USA Inc's (TMHU) associate giving programs will donate half a ton of food and goods to Feeding America, the leading US domestic hunger-relief charity.

TMHU president Brett Wood says Toyota associates in Columbus, Indiana and Irvine, California have responded generously to the company's corporate giving programs. "As a result, the donations raised will provide food and essentials to many in need this holiday season."
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Inside The News
In what may prove to be a sign of things to come, Canadian materials handling equipment lithium-ion battery manufacturer, UgoWork, has announced battery assembly for some forklifts bound for the North American domestic market will now be done in the US. See the story for full details... Continue reading

PREMIUM business

Tailift Material Handling USA Inc
Part of Toyota Industries Group - Leading manufacturer of High-quality machines.

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These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export

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Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

Product and service backup MADE IN GERMANY!
You might want to check out our service portal as well – it backs you up 24/7!

Inside The News
In what may prove to be a sign of things to come, Canadian materials handling equipment lithium-ion battery manufacturer, UgoWork, has announced battery assembly for some forklifts bound for the North American domestic market will now be done in the US. See the story for full details... Continue reading

PREMIUM business

Tailift Material Handling USA Inc
Part of Toyota Industries Group - Leading manufacturer of High-quality machines.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

Product and service backup MADE IN GERMANY!
You might want to check out our service portal as well – it backs you up 24/7!

PREMIUM business

Tailift Material Handling USA Inc
Part of Toyota Industries Group - Leading manufacturer of High-quality machines.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET