Toyota Chief Comments on India, Thai Cos.
The chairman of Toyota Motor Corp. said Monday that auto companies in India and Thailand may soon overtake those in Japan because of their increasing focus on quality.
While this might be a bit of an exaggeration part of what keeps Toyota improving is that they do not rest on their past success. They are continually looking to improve.
He said no Japanese firm has won the Deming prize in recent years as they are not showing interest in winning this coveted prize, whereas Indian companies such as motorcycle and scooter maker, TVS Motor Co. and Rane TRW Steering Systems Ltd. have won the Deming prize.
More news on Okuda Hiroshi’s visit to India, Japan sees India shining
Toyota Motor Corporation chairman Okuda Hiroshi, who heads Japanese trade body Nippon Keidanren, will lead a high-powered mission to India from November 27-30.
The delegation is likely to meet Prime Minister Manmohan Singh, finance minister P Chidambaram and commerce minister Kamal Nath.