Corporate Profile

Company Name Toyota Industries Engine India Pvt. Ltd.
Registered Address Plot No 9. Phase II, Jigani Industrial Area, Jigani, Bangalore 560105
Chairman Mr. Taku Yamamoto
Business Activities Manufacture of Auto Parts and Diesel Engines
Capital Rs. 6712.8 Millions (As on March 2018)
Share Holding Toyota Industries Corporation, Japan-98.85%
Kirloskar Systems Ltd. India-1.15%

Board of Directors

  •      Mr. Taku Yamamoto

                Chairman

  •   Mr. Kiyotsugu Kurimoto

             Managing Director

  • Mr. Vikram Shreekant Kirloskar

                    Director

  •     Mr. T R Parasuraman

      Deputy Managing Director

  •       Mr. B Parameswaran

                   Director

Director's Message

  • Mr. KIYOTSUGU KURIMOTO

    MANAGING DIRECTOR

  • Namaskara!

    Toyota Industries Engine India is the core part of Toyota Industries Corporation, Japan. Having global presence with business interest in the areas of Material Handling Equipment, Electronics, Compressor, Textile Machinery and Engines. TIEI has been involved in the manufacture of critical transmission parts for the Toyota Group, since the year 2004.
    TIEI started the new Engine business in March 2016. This state of the art facility is the first Diesel engine plant of Toyota in India and third globally, after Japan & Thailand. We currently manufacture High performance and High fuel efficient GD Diesel engines for the Toyota Range of vehicles in India.

    At TIEI, our efforts are focused towards the manufacture of High Quality, High Reliable products and thereby contribute to the development of a sustainable society and community around us.

    Our vision is To Become the No. 1 Engine Manufacturing Company, In India
    We want to achieve this milestone through:

    1. Developing Best in Class systems and Processes that gives consistent sustainable results.
    2. Step by step Human development to enable each individual to reach their peak potential.

  • Mr. T R PARASURAMAN

    DEPUTY MANAGING DIRECTOR

  • Namaskara!

    TIEI is engaged in manufacturing the heart of automobiles - the Engine. Spread across 22 acres, the engine manufacturing plant operates with a production capacity of 108000 units/ year.

    We strive to achieve World class Engine manufacturing through three pillars

    1. Good infrastructure - our plants are built to be clean and green with brightness all around and best in class machineries having highestlevel of safety.
    2. Robust processes - our manufacturing processes are built on Toyota production system and ensures Jikotei kanketsu (Quality at source).
    3. Capable people - We continuously enhance people development through extensive on job training not only in TIEI but also in overseas affiliate companies and have people involvement through zen-in-sanka.

    We believe through these three pillars we would be able to maximize value for all our Stakeholders - Our customers, Business partners, Employees, Society at large and Shareholders.

Milestones

Members Speak

Corporate Video

Corporate Philosophy

Move the mouse cursor on tree branches to know more

Toyoda Precepts (Corporate Creed)

  • Always be faithful to your duties, thereby contributing to the Company and to the overall good.
  • Always be studious and creative, striving to stay ahead of the times.
  • Always be practical and avoid frivolousness.
  • Always strive to build a homelike atmosphere at work that is warm and friendly.
  • Always have respect for God and remember to be grateful at all times.

TICO Group Philosophy

  • Respect for the Law

    Toyota Industries is determined to comply with the letter and spirit of law, in and outside of Japan, and to be fair and transparent in all its dealings.

  • Respect for Others

    Toyota Industries is respectful of the people, culture, and tradition of each region and country in which it operates. It also works to promote economic growth and prosperity in those countries.

  • Respect for the Natural Environment

    Through its corporate activities, Toyota Industries works to contribute to regional living conditions, social prosperity and also strives to offer products and services that are clean, safe, and of high quality.

  • Respect for Customers

    Toyota Industries conducts intensive product research and forward-looking development activities to create new value for its customers.

  • Respect for Employees

    Toyota Industries nurtures the inventiveness and other abilities of its employees. It seeks to create a climate of co-operation, so that Employees and the Company can realize their full potential.

Management Principles

We precede our business by:

  • Creating inclusive growth through ZEN-IN-SANKA (involving all people)
  • Making ethical decision
  • Contribution to society
  • Adding value to the individuals
  • Respect for all Stake-holders
  • Being grateful to God

Through these, enable our business to achieve unlimited Success.

Associates Commitments

  • Safety First: Follow safety practices, use proper PPEs
  • Follow the Rules: Respect all applicable laws and company guidelines
  • Respect for customers: Always focus on customer delight
  • Team Work One TIEI: Co-operate with all members toward one direction
  • Challenge to develop ourselves: Together we learn, work and grow

CODE OF CONDUCT

Managing Director’s Message:
Dear Associates,

At TIEI, all our efforts are focused towards the manufacture of High Quality, High Reliable products and thereby contribute to development of a sustainable society & community around us. Our actions should always be based on our core Management philosophy in line with Toyoda Precepts. Please remember that each one of you is our Brand Ambassador and your individual actions has a big impact on TICO group image.

We should, at all times, conduct our business in the most transparent, open & fair manner. We should hold in our heart, a feeling of Appreciation and Compassion for all our stakeholders. We should always be sincere in our actions and put in certain efforts to become a good corporate citizen.

We, as a Company, is committed in our efforts in expanding our business and thereby create more opportunities for employment and also subsequent value creation for our stakeholders. To make this happen, each team member has to fulfill his duties with passion, utmost integrity and ensure 100% adherence to the "Code of Conduct", in letter and spirit.

In this booklet we present the Code of Conduct in accordance with the Management Philosophy in accordance with the Toyoda Precepts. I request each one of you to go through the contents, understand it well and put it into practice in your daily corporate life.

 

KIYOTSUGU KURIMOTO

 

MANAGING DIRECTOR

 

NOVEMBER 10, 2017

  • Our Relationship with TIEI and all its Associates

    • At the Company, all Associates treat each other with courtesy, dignity and respect. All employment related actions and decisions in respect of all associates are not based on irrelevant factors, such as caste, race, color, religion, sex, national origin, age or disability. All the associates are entitled to work in an environment that is free from any harassment. Harassment for any reason, including sexual harassment, will not be tolerated.
    • As a part of affirmative action, the Company will not practice nor support conscious discrimination in any form.
    • The Company is committed to providing a clean, safe and healthy working environment for all Associates, customers and other visitors. Our goal is to prevent accidents and injuries in the workplace.
    • To create a fair, unbiased work environment, the Company shall promote equal opportunities in employment and shall endeavor to create a work environment in which Associates can demonstrate their full potential. No forced labor or child labor of any form shall be allowed.
    • All Associates are required to act honestly and to protect the Company's assets, property and confidential information. The Company's assets include not only physical assets such as computers, desks and office supplies, but also intellectual property such as the Company's trade secrets, trademarks and trade names. We all must protect these strategic assets from misuse or dilution.
    • All Associates shall not only comply with Indian and international laws both in letter and spirit and avoid committing acts against them, but shall also avoid committing acts against ethical or social norms.
    • The Company's policy is to retain written or electronic records only for as long as the records are being actively used, unless the law or the Company's business needs require longer retention.
  • Our Relationship with Our Customers

    • All Associates shall operate sales and service systems so as to be flexible to meet customers' expectations. We shall endeavor to respond to customers' voices honestly and to incorporate them into our business practices.
    • The Company is committed to continuous improvement and customer satisfaction with product quality, reliability and safety as our goals. We must work to provide quality products that are safe when used as intended and meet applicable laws and safety standards. If you become aware of something that suggests a product may not be safe or may pose a threat to customers, immediately notify management.
    • The Company is committed to comply with all laws and regulations. If any un-intended violations are committed the Company shall not pay any bribes to prevent the consequences of committing such unintended violations. The purpose of gifts and entertainment in a commercial setting is to create good will and a good working relationship, not to gain unfair advantage with a customer, a supplier or the like.
  • Our Relationship with Our Suppliers

    • All Associates shall always treat suppliers decently and shall never fail to comply with contracts entered into with suppliers.
    • Associates shall not accept any gifts / articles or entertainments from our vendors or service providers who are associating with business of the Company.
    • However, we may accept gifts or entertainments from expatriates or any other members who do not have any influence on our Company business.
    • All Associates shall promote communication with suppliers through procurement activities and support suppliers in various areas including compliance with laws, environmental conservation, quality and safety, as necessary.
    • We all must avoid conflicts of interest. A conflict of interest exists when a personal interest or activity interferes or appears to interfere. with the obligations that you owe to the Company. A conflict of interest may unconsciously influence even the most honest person and even the appearance of a conflict may cause an Associate's act to be questioned. As a result, an Associate must avoid those things that affect or appear to affect, his or her ability to act in the best interests of the Company.
  • Our Relationship with Others

    • The Company imports products from various countries and also makes local purchases within India, ensuring compliance to all applicable laws, proper valuation, storage and identification.
      When exporting products and making domestic sales, we must comply with the laws, regulations, approval procedures and license requirements pertaining to various types of sales, including levy and collection of taxes and duties, wherever applicable.
    • We shall not engage in illegal political donation.
    • We are committed to operating in a manner that is consistent with environmental preservation and in harmony with society.
    • The company shall maintain accounts and recordswhich reflect the true and fair picture of the company’s affairs in compliance with accepted accounting principles and standards for financial reporting.
TIEI Company Vision toward FY 2020: To be No. 1 Indian Engine Manufacturer through promotion of technological innovation.

Policies

Safety and Health Policy
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Environment Policy
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Quality Policy

Toyota Industries Engine India CSR Policy

We, Toyota Industries Engine India, as a subsidiary of Toyota Industries, Japan, contribute to the harmonious and sustainable development of society and the Earth through all business activities that we carry out based on our Basic Philosophy. We comply with local, national, and international laws and regulations as well as the spirit thereof, and we conduct our business operations with honesty and integrity.

In order to contribute to sustainable development, we believe that management interacting with its stakeholders is of considerable importance, and we will endeavor to build and maintain sound relationships with our stakeholders through open and fair communication.

We expect our business partners to support this initiative and act in accordance with it.

Customers

  • Based on our philosophy of Customer First, we develop and provide innovative, safe, and high-quality products and services that meet our customers' demands.
  • We will endeavor to protect the personal information of customers and everyone else with whom we are engaged in business, in accordance with the letter and spirit of the country's privacy laws.

Employees

  • We respect our employees and encourage personal growth for our employees under our belief that the success of our business is led by nurturing each individual's character and abilities, and realization of the Group's full potential.
  • We support equal employment opportunities and diversity for our employees and strive to enhance our team strength. We do not discriminate against employees.
  • We strive to provide fair working conditions and to maintain a safe and healthy working environment for all our employees.
  • We respect and honor the human rights of people involved in our business and, in particular, do not use or tolerate any form of forced or child labor.
  • Through communication and dialogue with our employees, we build and share the value of Mutual Trust and Self-responsibility and work together for the success of our employees and the company.
  • We foster a corporate culture and implementing policies that promote ethical behavior.

Business Partners

  • We respect our suppliers and other business partners and work with them through long-term relationships to realize mutual growth based on mutual trust.
  • Whenever we seek a new business partner, we are open to any and all candidates, regardless of nationality or size, and evaluate them based on their overall strengths.
  • We maintain fair and free competition in accordance with the letter and spirit of each country's competition laws.

Shareholders

  • We strive to enhance corporate value while achieving stable and long-term growth for the benefit of our shareholders.
  • We provide our shareholders with fair disclosure on our operating results and financial condition.

Local Communities

Environment
  • We aim for growth that is in harmony with the environment by seeking to minimize the environmental impact of our business operations, such as by working to reduce the effect of our operations on climate change and biodiversity. We strive to develop, establish, promote technologies enabling the environment and economy to co-exist harmoniously, and to build close and cooperative relationships with a wide spectrum of individuals and organizations involved in environmental preservation.
Community
  • We operate our business so as to earn the trust of respective communities by honoring the cultures, customs, histories and laws of the country.
  • We constantly search for safer, cleaner, and superior technologies that meet the evolving needs of society.
  • We do not tolerate bribery of or by any business partners, government agencies or public authorities, and maintain honest and fair relationships with government agencies and public authorities.
Social Contribution
  • We actively promote and engage, both individually and with partners, in social contribution activities that help strengthen communities and contribute to the enrichment of society.

CSR Programme

2017-2018 Programmes
  • Sponsoring of water treatment plant for the community
  • As a part of Company's CSR initiatives, TIEI has constructed water treatment plant at Bukkasagara village, Kallubalu Grama Panchayat. This village consists of more than one thousand households which lack safe drinking water since years. Hence both community representatives and Company Management together decided to work for safe drinking water facility at the arm’s length reach. The newly constructed Drinking water plant was donated to public by our Managing Director, Mr. Kiyotsugu Kurimoto on May 18, 2017 (Thursday).

2015-2016 Programmes
  • Donated Desk and Benches for the School.
  • Constructed Toilets for the School

2014-2015 Programmes
  • Organized Sports meet for the school students in Jigani
  • Adopted 20 tribal schools for Education

Annual General Meeting

Notice of Annual General Meeting of shareholders of the Company scheduled on 30th May, 2017
at Registered office of the company with a shorter notice is sent to the shareholders.

Day - Tuesday
Date - 30th May, 2017
Time - 2:45:00 P.M
Venue - Toyota Industries Engine India Private Limited,
Plot No.9, Phase II, Jigani Industrial Area, Jigani, Bangalore-560 105

As per clause 1.2.3 and 1.2.4 of Secretarial Standard SS-2 on General Meetings
issued by the Institute of Company Secretaries of India, notice shall be hosted
on the website including rout map to reach the venue. This web hosting is in
compliance to SS-2 requirement.

Annual General Meeting

8th Aug, 2016, Jigani Industrial Area, Bangalore : Notice of Annual General Meeting
of shareholders of the Company scheduled on 8th Aug, 2016 at Registered office
of the company with a shorter notice is sent to the shareholders.

Day - Monday
Date - 8th August 2016
Time - 10:45:00 AM
Venue - Toyota industries Engine India Private Limited
Plot No.9, Jigani Industrial Area, Jigani, Bangalore-560105

As per clause 1.2.3 and 1.2.4 of Secretarial Standard SS-2 on General Meetings
issued by the Institute of Company Secretaries of India, notice shall be hosted
on the website including rout map to reach the venue. This web hosting is in
compliance to SS-2 requirement.