Toyota Kirloskar Auto Parts (TKAP) has been awarded the Regional Export Award for the year 2013-14 under the category Top Multi Product Exporter in Karnataka (Gold), by the Federation of Indian Export Organisations – Southern Region (FIEO, SR). Members of FIEO represent large, medium & small scale exporting units who contribute around 70% of global exports of our country. TKAP’s exports for the year 2013-14 registered a growth of 31% over the previous year.
The award was presented by Smt. Nirmala Sitharaman, Hon’ble Minister of State for Commerce & Industry, Government of India, during the function of Export Excellence Awards for 2013-14 and FIEO’s Golden Jubilee celebrations held in Chennai.
Honoured for the 2nd time with export award, Toyota Kirloskar Auto Parts manufactures Transmissions, Engines and Axles & Shafts and supplies to Toyota companies locally and globally. For the previous financial year 2012-13, TKAP had bagged the award under the FIEO Southern Region (Gold). TKAP currently exports to Thailand & Indonesia.
Commenting on the occasion, Mr. K G Mohan Kumar, Joint Managing Director – Toyota Kirloskar Auto Parts said, “We are delighted to have been recognised for our export contribution. We are grateful to FIEO for acknowledging our export performance consistently. This recognition encourages us to further enhance competitiveness and boost exports in the future, which in turn helps in the growth of the economy and society, in the true spirit of ‘Make in India’.
FIEO’s careful assessment process under multiple parameters has given us a better insight into our strengths thus motivating us to constantly enhance our abilities and achieve higher levels of performance. The award recognizes the sustained export performance of TKAP that warrants meeting global quality levels, thus showcasing TKAP’s core competence in manufacturing high precision products.”
The awards were conferred based on the company’s consistent growth in export performance from 2011-12 to 2013-14 & weightage earned for diversifying the exports to new and emerging markets.