BANGALORE – Toyota Kirloskar Motor is creating a $100 million global sourcing center for automotive transmissions near its assembly plant here. The auto maker plans to build 170,000 automotive transmission systems with 100% local content that will be exported to Toyota facilities in Argentina, South Africa, Thailand, Malaysia, Venezuela, Taiwan and Indonesia. The new center opens next year. Initially, Toyota explored possibilities for the center in Indonesia, Thailand or the Philippines. ...
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