– The new stockyard is spread over five acres and has a parking capacity of 900 cars
– Delivery time will be reduced by two days from the current six to eight days
Toyota Kirloskar Motor (TKM) inaugurated its first regional stockyard at Farooqnagar, Haryana. The company claims that the facility will ensure a leaner and more efficient distribution network across the region. It is believed that the stockyard will reduce the delivery time from six to eight days to a maximum of two days for dealers in Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Uttarakhand and Jammu and Kashmir.
The new stockyard is spread over five acres and offers a parking capacity of 900 cars. This is the second such facility for the company after it launched its first regional stockyard in Guwahati in 2020. This regional advantage benefits dealers and customers in the Northeast region of India. Currently, 60 per cent of total TKM dispatches take place through trains and the company aims to increase this to 80 per cent once it is able to deliver 5,000 cars per month.
TKM claims that the new facility will help in speed, flexibility, cost reduction and CO2 reduction as vehicle transport will be maximized by train transport. Commenting on the occasion, V. Wiseline Sigamani, General Manager, TKM said, “We are delighted to announce the opening of our first regional stockyard in Haryana. Northern India is a very important market for us and the strategic location of Farooqnagar will enable us to easily cater to the customer base in this market while maintaining our aim of customer-first approach. As a pioneer in green mobility solutions, Toyota is leading to a better future and always emphasizes environmentally sustainable solutions in everything we do, be it component sourcing, manufacturing or sales and service. By being close to our patrons through regional stockyards, we are not only able to reduce transit costs, but also significantly reduce CO2 emissions in the process through reduced logistics.”