Kirloskar Toyota Textile Machinery (KTTM) Pvt Ltd announced its entry into material handling equipment business in India. The company will import material handling equipment manufactured by Toyota at Takahama in Japan and market them in India. The company has set up a centralized spares and service center at Jigani near Bangalore. It is opening a showroom and customer training facility. KTTM is the first joint venture between Kirloskars and the Toyota group for manufacturing ring spinning machines.