Bengaluru: Toyota BizIntel Hub to come up at KWIN City with ₹1,200 cr. investment

In the first major investment to materialise at KWIN City in Bengaluru, Toyota Kirloskar Motor (TKM) will establish its global-standard BizIntel Hub. KWIN City is being developed by the State government between Dobbspet and Doddaballapur, with an investment of ₹1,200 crore from TKM.

The agreement was signed on Monday by Principal Secretary of the Industries Department S. Selvakumar and Toyota’s COO and director of special projects Sudeep Dalvi. Chief Minister Siddaramaiah and Large and Medium Industries Minister M.B. Patil were present. The Chief Minister announced that this would be the first facility of its kind in the world.

Mr. Patil said the company will invest ₹1,200 crore as initial capital over the next five years, generating around 200 jobs. About 300 acres of land will be allotted to Toyota for the project. Vehicle manufacturing, testing activities, and the establishment of an advanced automobile manufacturing facility will all be undertaken there.

He said that innovation, healthcare, and information technology would be given top priority in KWIN City. Seven to eight globally reputed universities, healthcare institutions and research organisations have expressed interest in investing, and agreements with them too would be finalised at the earliest.

KWIN City will be developed in phases across 5,800 acres, with the first phase already in progress. Mr. Patil said the overall project is expected to attract investments worth ₹48,000 crore and generate nearly one lakh jobs.

Industries Commissioner Khushboo Goel, Karnataka Industrial Areas Development Board CEO Govind Reddy, Toyota chief technical officer Yoshinori Noritake, senior representatives G. Shankar and Vikram Gulati, vice-president Ramesh Rao, general manager H.J. Kiran, and other officials were present.