TVS Industrial & Logistics Parks (TVS ILP) has leased over 33,000 sq. ft. of space at its Visakhapatnam industrial park to Toyotsu Bharat Integrated Services (TBIS), a Toyota Group company.

The newly inaugurated Regional Parts Centre (RPC) aims to improve the availability of Toyota’s genuine parts and accessories across Andhra Pradesh and West Bengal, enhancing service operations and reducing turnaround times for workshops. The expansion is expected to contribute to local employment and bolster Visakhapatnam's growing industrial base, attracting more automotive and logistics players. Aditi Kumar, Joint Managing Director of TVS ILP, highlighted the increasing importance of Visakhapatnam as a logistics hub, citing strong connectivity and favorable policies.

TBIS Director Prakash Nair explained that the facility was strategically located in Visakhapatnam to meet rising demand in South India and leverage the city's port infrastructure for cost-efficient distribution. The RPC adds to TVS ILP’s expanding Grade-A warehousing network across India.