Toyota Kirloskar Motor (TKM) has achieved its highest-ever sales in a financial year, marking a major milestone in its growth story in India. In FY24-25, the company sold 3,37,148 units, reflecting a strong 28% increase from the 2,63,512 units sold in the previous fiscal year. This steady rise underscores Toyota’s commitment to a customer-centric approach and a well-rounded product portfolio.
The company also posted strong numbers in March 2025, selling 30,043 units, an 11% jump from 27,180 units in March 2024. Domestic sales stood at 28,373 units, while exports accounted for 1,670 units, highlighting Toyota’s continued expansion across markets.
Toyota Fortuner Legender |
Toyota Kirloskar Motor’s record-breaking performance in FY24-25 was driven by strong demand across multiple segments. SUV and MPV sales surged by 35%, reflecting a shift towards feature-rich, spacious models suited for Indian roads. Exports also saw a remarkable 59% rise, reinforcing India’s role as a key manufacturing hub for Toyota.
Expanding into Tier II and III cities helped Toyota reach more customers, while initiatives like T CARE and T GLOSS enhanced ownership experiences. A refreshed lineup, including the Urban Cruiser Taisor and Camry Hybrid, attracted new buyers, while milestone models like the Urban Cruiser Hyryder and Innova Hycross continued to gain traction. Meanwhile, recent launches such as the LC 300 and the new Camry Hybrid further fueled Toyota’s growing momentum in the Indian market.
Toyota Camry |
Commenting on the strong performance, Varinder Wadhwa, Vice President, Sales-Service-Used Car Business & Profit Enhancement, said, “The growth has been driven by the steady demand for SUVs, MPVs, and hybrids, further strengthened by robust export momentum and deeper engagement in Tier II and III cities—underscoring the growing significance of our diverse product portfolio.
Our multi-pathway strategy, supported by customer-focused initiatives like T-CARE, has enabled us to create meaningful value at every stage of the ownership journey. This has not only opened new opportunities for us but also established a strong foundation for the year ahead, despite rising competition and evolving consumer expectations.”
