World's largest car maker Toyota is recalling around 7,100 units of its executive sedan Corolla in India manufactured between April 2007 and July 2008 to fix defective passenger side airbag supplied by under-fire Japanese component major Takata.

    This is the third recall of the Corolla in India within the last 12 months and is linked to Toyota's global recall of 2.86 million cars on June 25. Fellow Japanese firms Honda and Nissan have also recalled cars on numerous occasions to fix the same problem. More recalls are sure to follow.

    In May, the company had recalled Corolla vehicles sold in India between July 2003 and March 2007. Last November another recall for 5,834 units was carried out for diesel version of the car made between June 2010 and May 2011 for a separate problem to replace components contributing to engine oil entry into the air intake system.

    "As an expansion of the existing service campaign being held voluntarily by Toyota Kirloskar Motor (TKM) and in line with the global recall by Toyota Motor Corporation (TMC), we have announced a special service campaign for passenger side air bag in the Corolla model to be extended to Corolla models manufactured during April 2007 till June 2008," the company said. "In addition to that, few vehicles which were manufactured between June 2008 and July 2008 fall under the 7 year mandate of voluntary recall code and for the same, and we will initiate a voluntary recall to inspect and rectify the vehicles. We confirm that no complaints have been received in India so far and this campaign has been extended in line with our global practices."

    The defect that may result in the airbag inflator being deployed incorrectly and with excessive force resulting in metal shrapnel hurtling towards drivers and passengers has resulted in a global crisis with more than 30 million recalls and at least 8 deaths in the US. It is already one of the largest car recalls globally.

    In May, Honda had recalled 11,381 units of premium sedan Accord, SUV CR-V and its Corolla rival Civic to replace a part in driver and passenger side airbag. In October last year, the company had recalled 2,338 units of its small car Brio, compact sedan Amaze and CR-V to replace airbags while around the same time Nissan had also recalled 9,000 units of its small car Micra and sedan Sunny for the same.

    India does not have mandatory guidelines for recalling cars but a voluntary code adopted by industry body Society of Indian Automobile Manufacturers in 2012 has resulted in more than 8 lakh cars being recalled till date.

Cabinet okays Amritsar-Kolkata Industrial Corridor project

  • HT Correspondent, Hindustan Times, New Delhi
  • |
  • Updated: Jan 20, 2014 23:09 IST

The union cabinet on Monday approved the setting up of the much-awaited Amritsar-Kolkata Industrial Corridor (AKIC), to be developed on almost 5.5 lakh square km in the seven states along the dedicated freight corridor.

The seven states where the AKIC is proposed to be developed in a band of 150-200 km on either side of the Eastern Freight Corridor (EFC) are Punjab, Haryana, Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal.

In the pilot project, at least one integrated manufacturing cluster (IMC) of 10 square km each would be set up in all seven states. While the states would identify the land, they would be free to set up more than one IMC.

"Rs 5,600 crore, spread over 15 years, by way of budgetary support from the central government, have been estimated in the first phase," a release said. The Centre will also provide interest subsidy to states for land acquisition.

The industrial corridor is expected to boost the manufacturing and agriculture sectors, apart from creating major infrastructure in these areas.

About 40% of the land in each cluster will be permanently earmarked for manufacturing and agro-processing, considering that substantial part of the area in these states, except Jharkhand, is under agriculture.

The clusters envisaged under the project would be entitled to all benefits available under the National Manufacturing Policy (NMP) 2011. The release also said that for infrastructure development, a PPP (public-private partnership) mode would be encouraged.

"While viability gap funding would be available for infrastructure amenable to PPP, trunk infrastructure not amenable to PPP will be developed through grant-in-aid from the central government," the statement said.

Further, the union government will provide interest subsidy to states for land acquisition, grant-in-aid for project development and master planning of clusters, set up the Amritsar-Kolkata Industrial Corridor Development Corporation (AKICDC), provide external connectivity and all benefits under the NMP.

The cabinet also approved that AKICDC will be set up immediately with a total equity base of Rs 100 crore, with 49% stake of the central government, with balance equity to be taken by stakeholder state governments as per their option and willingness, and Housing and Urban Development Corporation (HUDCO).

The Centre will also provide Rs 100 crore as project development fund to the AKICDC.

With PTI inputs


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