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."
Clark Equipment Vietnam officially opens
Clark Equipment Vietnam officially opens 10 Jul 2025 - Hai Phong, Viet Nam - 1 min read
Briefs
Briefs 10 Jul 2025 - 1 min read
Hangcha names key Thai partner
Hangcha names key Thai partner 10 Jul 2025 - Hangzhou, China - 1 min read
Previously about:
Toyota suspends diesel, petrol models News Story - 20 Apr 2023 - Kariya, Japan - 3 min read
TICO and TMC consolidate engine production News Story - 4 Dec 2014 - Tokyo, Japan - 1 min read
Double-digit sales growth for Asian manufacturers News Story - 13 Feb 2014 - Tokyo, Japan - 1 min read
Briefs News Story - 19 Mar 2015 - 2 min read
Movers & Shakers News Story - 10 Jul 2014 - Columbus, IN, United States - 1 min read
Briefs News Story - 10 Apr 2014 - 2 min read
Do you have materials handling news? Submit your news here

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

Words of support …

I know I can count on them. They give valuable suggestions on the campaign planning, and to publish content is as easy as abc, as they take care of the material layout and check links. This is a great support.

Annalisa Castellini, Marketing Manager

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

Forkliftaction's JOB MARKET

Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
We hope you enjoy this unique insight into the materials handling industry!

Showcased in the Virtual Expo

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

Forkliftaction's JOB MARKET

Inside The News
This week Forkliftaction News is celebrating its 25th anniversary! A wonderful achievement given we launched at a time when just 6% of the world’s population were internet users, according to Internet World Stats . Over the coming weeks, we will be sharing stories about our history and rolling out more celebrations, so keep an eye out... Continue reading

PREMIUM business

Cascade Corporation (World HQ)
Leading manufacturers of attachments, forks and related technologies for forklifts and AGVs.

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

Forkliftaction's JOB MARKET

Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
We hope you enjoy this unique insight into the materials handling industry!