Toyota Kirloskar Suppliers Association
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Competition Law Compliance

The Competition Act, 2002 has been enacted with objectives (a) to prevent practices having adverse effect on competition, (b) to promote and sustain competition in markets and to protect the interests of consumers and (c) to ensure freedom of trade carried on by other participants in markets in India.

Toyota Kirloskar Suppliers Association (‘TKSA’) has over the years consistently sought to instill a culture of compliance with various Indian laws amongst its membership. With its moto of “Progress through sharing”, TKSA acts as a nodal agency with the main objective of development of supplier partners towards global competitiveness in terms of safety, quality, production, delivery, cost and human development by formulation and implementation of various knowledge sharing programmes/activities. At the same time TKSA ensures that its good offices are not used for carrying out any illegal activity by its members.

In furtherance of its avowed policy of strict adherence to the legal regime in India, TKSA re-affirms its commitment to comply with the requirements stipulated under the Competition Act, 2002. It is TKSA’s policy that all its constituent members strictly comply with the requirements stipulated under the Competition Act, 2002 not only in form but also in substance.

Major requirements for member compliance under competition law are as follows:
Do not enter into arrangement which

  • Causes or is likely to cause an appreciable adverse effect on competition within India.
  • Directly or indirectly determines purchase or sale prices
  • Limits or controls production, supply, markets, technical development, investment or provision of services
  • Shares the market or source of production or provision of services by way of allocation of geographical area of market, or type of goods or services, or number of customers in the market or any other similar way
  • Directly or indirectly results in bid rigging or collusive bidding
  • Is a tie-in arrangement
  • Is exclusive supply agreement
  • Is exclusive distribution agreement
  • Is a refusal to deal
  • Is a resale price maintenance

Kindly note the above is an illustrative list of compliance requirement under the Act. For detailed information, click here to read the Competition Act, 2002.



  • The information given on this website is provided in good faith for the purpose of creating awareness and educating members/users on aspects including safety, regulatory compliance and best business practices amongst its suppliers, and TKSA believes it to be accurate, but does not claim to be exhaustive.      


  • Whilst TKSA endeavors to ensure that the information on this website is correct, it is provided on an 'as is' basis, without warranties of any kind, and no warranty, express or implied, is given as to accuracy or completeness. Users are advised to conduct due diligence on any information provided on the website before using it for any commercial, business or other purposes.


  • TKSA does not accept any liability for any error or omission. TKSA shall not be liable for any claims or losses of any nature including, but not limited to, loss of profits, direct, indirect, special or consequential damages arising from use or inability to use this website. The information on this website does not constitute legal or other professional advice.


  • TKSA accepts no responsibility for the content on any website to which a hypertext link from this site exists. The links are provided for reference purpose only with no warranty, express or implied, for the information provided within them.


  • Users are advised not to post any confidential or strictly private information while responding to the website. TKSA is not responsible for any eventualities arising out of such posting by any user/visitor to the website. Any posting which is defamatory/damaging/obscene/abusive or otherwise undesirable will be removed and reported.



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