Mumbai: Toyota is setting up a technical training institute near Bangalore for imparting knowledge in automobile technology and training students in the manufacturing sector.

To be called Toyota Technical Training Institute (TTTI), the institute aims to provide an opportunity to acquire special skills of ''Monozukuri'' (skilled manufacturing), for those students who have the talent but cannot go for higher education due to economic reasons, a company statement said.

"This institute will not only provide a high standard of education and training in automotive technology, but also provide students employment opportunities," Atsushi Toyoshima, managing director of Toyota Kirloskar Motors, said. TTTI plans to select about 60 students from Karnataka for its first batch of starting in August. Eligible candidates selected for the three-year residential course should have passed 10th standard.

The institute will offer courses in automobile assembly, automobile paint, automobile weld and mechatronics (a combination of mechanical and industrial electronics).

The three-year course will consist of theoretical, practical and physical training and, as part of the course, involve practical training at the TKM plant, during which students will be exposed to the application of Toyota Production System.

The institute will be a fully residential school and the education will be free of cost. Fellowships will also be provided to deserving students to promote excellence.

Toyota Kirloskar Motors will encourage potential graduates of TTTI to join the company as team members.