Taipei, Monday, Nov 25, 2024, 01:57

News

Toyoda Gosei Establishes New Automotive Parts Plant in Gujarat, India

Published: May 22,2017

Toyoda Gosei Co., Ltd. is establishing a new plant to meet growing automobile production in India and the expected increase in demand for airbags as stricter safety regulations are adopted.

More on This

Toyoda Gosei to Partner With Ossia Inc., a Wireless Power Supplier

Toyoda Gosei has concluded a joint development agreement with Ossia Inc., a U.S. startup that leads the world in the field of wireless power solutions...

Toyoda Gosei Develops Deep UV LED Light Module for Sterilization

Toyoda Gosei has developed a deep UV LED light module for use in the sterilization of water, air, and surfaces. These ne...

The new plant is located in the western Indian state of Gujarat. It will be a branch plant of Toyoda Gosei Minda India Private Limited (TGMIN), a subsidiary of Toyoda Gosei. The new Gujarat Plant will begin supplying airbags, weatherstrips and other automotive parts to Suzuki Motor Gujarat (SMG) in the second half of fiscal 2018. The investment in the production facility is 732 million rupees.

Toyoda Gosei views India as an important market, and has been expanding production capacity in the country. After the new plant comes on line, Toyoda Gosei will have a production network of five plant locations in India. Total sales in India were approximately 14 billion JPY in FY2016, and the company aims to expand this 1.4-fold to approximately 20 billion JPY by 2021.

CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to en@ctimes.com.tw

1007 viewed

comments powered by Disqus