India is a land of diversity, which has taken leaps into futuristic advancement in the last decade & continues to surge through the multiple technological advancements, especially the use of Artificial Intelligence, Machine learning and Internet of Things. These advances are being utilized in every industry one can think of to make better use of these resources, economic growth and for the benefit of the end-users.
We believe, India being the fifth largest car market in the world, has the potential to become one of the top three markets soon with its rising affluence, rapid urbanization and changing family dynamics. With these changes, it has shown the world that it has become an economy that will gracefully embrace all such future advancements with its large and growing consumer base. In the last few years, the economies across the globe have seen a slow down due to the COVID-19 pandemic, however India has been able to emerge out of the crisis and support its people and the industry. We all have witnessed some of the best start-ups emerging from India that have disrupted the use of technology, fostered innovation in new frontiers.
Our relationship with India is not a novel, it goes back to 1920, when we started our Cotton Business at Mumbai with the business mantra 'Commitment to Change' and since then, we are continuing to pursue our mission by addressing the ever-changing needs of the society by developing new business models and offering unprecedented value towards the creation of prosperous societies with the same passion and enthusiasm.
With immense learning and a successful historic journey, we believe in running every business the Toyota Tsusho Group way with these work principles - ‘A Passion for Business', 'On-Site, Hands-On, In-Touch' and 'Teamwork'. At Toyota Tsusho we continue to use the Toyota principle of achieving six sigma quality in every task we perform with the customer at the heart of our every strategic action.
Today, the world is at the cusp of a once in a century paradigm shift, especially in our core business field - the automotive industry, leading towards witnessing a transformational revolution not only in the vehicles but also across value chains that go far and beyond just driving. Such environmental changes not only bring along risk, but also opportunities we aspire to 'Grow together with India'.
At Toyota Tsusho India, we are committed to resolving various social issues including climate change. We, the human kind have developed economies and societies at the expense of our rich natural environments and now realize it is not possible to continue growing in this way. Achieving carbon neutrality means making a major shift in human values. Under TTC’s main theme "To pass on a better global environment to the children of the future”, we will strive to cut down Co2 emissions by 50% below 2019 levels by 2030.
Based on our fundamental business philosophy - Living and prospering together with people, society and the earth, we aim to be a value generating corporation that contributes to the creation of a prosperous society is also strongly rooted that CSR is the determining factor of how all corporate activities should be and is in itself a corporate management.
On behalf of the Toyota Tsusho Group, I would like to extend my gratitude to all the stakeholders who have continuously supported our development in India this far and as we move forward, I humbly solicit the same encouragement and guidance towards Toyota Tsusho Group.
Sincerely,
Nobuaki Yahiro
Managing Director
Toyota Tsusho India Pvt Ltd