Toyoda Gosei Starts Operation of New Automotive Parts Plant in Gujarat, India
The Gujarat Plant of Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), an Indian subsidiary of Toyoda Gosei Co., Ltd., began operations in October 2018.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181105006047/en/
Toyoda Gosei Minda India Gujarat Plant (Photo: Business Wire)
The Gujarat Plant will supply airbags, the demand for which is growing with the increasing automobile production and stricter safety regulations in India, plus supply steering wheels, weatherstrips and other parts to Suzuki Motor Gujarat Pvt. Ltd.
India is a key market for Toyoda Gosei, and the company has been enhancing its development and production network there, including the establishment of a new technical and sales office (Gurugram Office) in a suburb of Delhi in April 2018. Toyoda Gosei plans to increase its sales volume in India to 35 billion yen by fiscal 2025, more than twice the current level.
Outline of TGMIN Gujarat Plant [Start of Operations in Oct. 2018]
|1. Location||Dekavada, Gujarat, India|
|2. Products||Safety systems (airbags, steering wheels)
|3. No. of employees||Approx. 330 people
(predicted as of end of March 2021)
|Land: Approx. 75,000 m2
Buildings: Approx. 18,000 m2
Outline of TGMIN
1. Company name
Toyoda Gosei Minda India Private Limited
|2. Location||Neemrana, Rajasthan, India (headquarters plant)|
|3. Established||April 2008|
|4. Capital||4.4 billion rupees|
|5. Shareholders||Toyoda Gosei Co., Ltd., Uno Minda Group|
|6. Products||Airbags, steering wheels, weatherstrips, etc.|
|7. No. of employees||1,583 (as of the end of September 2018)|
About Toyoda Gosei
Established in 1949 and headquartered in Kiyosu, Aichi Prefecture, Japan, Toyoda Gosei is a leading specialty manufacturer of rubber and plastic automotive parts. Today, the Toyoda Gosei Group provides a variety of high-quality products internationally, with a network of approximately 100 plants and offices in 18 countries and regions. Through its flexible, integrated global supply system and leading-edge technologies, Toyoda Gosei aims to grow as a global company that acts flexibly and swiftly in today’s dramatically changing business environment, delivering the highest levels of satisfaction to customers worldwide through safety, comfort, well-being and the environment.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181105006047/en/
MULTIMEDIA AVAILABLE :